March 28, 2018
In the latest Investment Update from our investment committee, Senior Quantitative Analyst Philip Hergel discusses the economic implications President Trump’s impending trade war.
The classic anti-war song of the 1960s “War” performed by Edwin Starr for Motown records was intended as a protest against military conflict during the war in Vietnam. The singer’s bold and definitive conclusion that war is good for “absolutely nothing” is equally applicable to the misguided policy of trade wars. Yet here we are in the early days of this exact policy blunder, which has been condemned as shortsighted and destructive by virtually every economist, political scientist, business leader, and elected official – save one: President Trump. More…
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Zevin Asset Management, LLC