| | | If the Chinese allowed the renminbi to rise,
would that make the USA better off? That is the contention of a cabal of
critics from Senators to Nobel laureates. Paul Krugman wants to see a 25%
tariff on Chinese goods. Today we examine that idea, and look at the real
problems that we face. If only it were so easy. The numbers just don't add up.
The fault, dear Brutus... But first, and quickly, and in keeping with the spirit of the
recent Olympics in Canada, I want to let my Canadian readers know that I am
excited to announce a new Canadian partner, Nicola Wealth Management, based in
Vancouver. Why Nicola Wealth Management? I have spent some time
getting to know them and have come to have a great deal of trust in and respect
for John Nicola (President) and his team. In my opinion, they are one of the premier
wealth management firms in Canada. Further, they are as committed to helping
you find high-quality investments, including absolute-return strategies, as I
am. If you are from
Canada, get started now by going to www.accreditedinvestor.ws
and signing up, and I will make sure one of the team at Nicola Wealth
Management will call and qualify you to receive our Accredited Investor
Communications. And of course, if you
are in the US, Latin America, Europe, or South Africa, and if you are an
accredited investor (basically a net worth of $1 million or more), you can go
to that link and I will have one of my partners in those areas contact you
about the various absolute-return strategy funds that are available to you. (In
this regard, I am president of and a registered representative of Millennium
Wave Securities, LLC, member FINRA.)
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