Quotes of the Day

While I’ve disagreed plenty with Mark Zandi, Moody’s chief economist, over the years, I strongly believe (as I’ve preached herein and in client meetings an nauseam) that he’s spot on when it comes to the economic and political consequences of not soon settling the trade war with China.

“I don’t think they can save the day, especially if the President doesn’t settle this trade war. That’s been very damaging and will do us in if he doesn’t settle it,” said Mark Zandi, chief economist at Moody’s Analytics. “The next two years are going to be much tougher than the past two, which were juiced by fiscal stimulus — pure, raw, mainline fiscal stimulus.”

“You’ve got to settle this trade war with China,” Zandi said. “Otherwise he’s going to make things much more difficult for himself when he runs for election.”

I’d add that it’s also critical that the Administration not look to incite a trade war, as threatened, with Europe after settling the present China affair.

While the above, the second quote in particular (I’d say the following with regard to any politician alive in any jurisdiction anywhere on the planet), has me feeling pretty good about the odds of resolution soon, the following quote from the President’s top trade negotiator, however, somewhat quells my optimism:

“I’m not an economist, I’m an attorney.” 

Robert Lighthizer


Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.
vulkan vegas, vulkan casino, vulkan vegas casino, vulkan vegas login, vulkan vegas deutschland, vulkan vegas bonus code, vulkan vegas promo code, vulkan vegas österreich, vulkan vegas erfahrung, vulkan vegas bonus code 50 freispiele, 1win, 1 win, 1win az, 1win giriş, 1win aviator, 1 win az, 1win azerbaycan, 1win yukle, pin up, pinup, pin up casino, pin-up, pinup az, pin-up casino giriş, pin-up casino, pin-up kazino, pin up azerbaycan, pin up az, mostbet, mostbet uz, mostbet skachat, mostbet apk, mostbet uz kirish, mostbet online, mostbet casino, mostbet o'ynash, mostbet uz online, most bet, mostbet, mostbet az, mostbet giriş, mostbet yukle, mostbet indir, mostbet aviator, mostbet casino, mostbet azerbaycan, mostbet yükle, mostbet qeydiyyat