An amazing turnaround is taking place in business circles. Ten years ago, a real estate guy from New York was running for president telling the world that the USA was getting “ripped off” by China and in fact, most trading partners globally. His point was that trade imbalances that are too extreme will definitely catch up to the United States because–if taken to its conclusion– we would not make anything, just buy things from overseas. Common sense. Today, we’ll review a Wall Street Journal report from one of their top feature writers that concurs with the view that lopsided trade imbalances truly are a bad deal, and why. Then, in the next segment– we’ll dissect where the market is right now, why it seems “flat”, and where it’s likely headed in 2026. THINK Retirement NOW is on the air!!
