A Grown-up Look at Trump’s Trade and Rate Problems

There are two terrible problems for the new administration to deal with (other than faithless Electors and Oregon insanity which we will get to in a moment):  One is the trade problem and the other is the rate problem.

What we will focus on is propagation speed of economic change.  It isn’t like driving a Ferrari.  Or a Porsche, or a (insert personal fast car list).

No, it’s more like driving an oil tanker.  You put the helm  over then go grab a sandwich and come back in 15-minutes to see how the course change is going.

But first a few headlines as we get out the ViseGrips and pinch ourselves remembering this is still the same planet we were on 20 years ago.

Although it sure doesn’t seem like it, does it?

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