I don't think we're gonna
have a substantive deal that gets to the
root cause of that I think that there's
gonna be a deal I've been saying that
since the beginning I think that Trump
can't afford not to have a deal so
there's gonna be one but it's not going
to turn around America's massive trade
deficit with China.
Mar 4, 2019
Stock Market & U.S. - China Trade Deal
The market already expects a trade deal – a good trade deal. I think that is a dangerous position for the United States because it puts President Trump in a position where he really has to deliver.
Feb 19, 2019
More Signs Of Economic Weakness
Look at the data coming out: (we had) the biggest drop in retail sales
in one month since
2009 when we were in the Great Recession.
Look at the numbers we
got out on delinquencies in
auto loans: they are at an all-time record high, on people who are 90 days or more behind in
their car payments.
I just read today
that restaurant sales are falling now
for four out of the last five months at
the fastest pace in more than 25 years. That means that restaurant sales now are
weaker than they were in the 2001 recession or in the 2008 recession.
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