China isn’t prepared for a trade war with America.

China Will Lose The Trade War With America, And That’s Good For Its Citizens China isn’t well prepared to fight a trade war with America. For a couple of reasons. One of them is that its economy is slowing, as it faces the “middle income trap,” and the Lewis turning point.  The income trap is a situation where a country’s growth …

Brett Ewing on Nikkei CNBC Japan

Barring a FED misstep, we continue to believe we are in a global economic expansion that started in 2016. This expansion has been given pause by trade wars and a rising dollar, both of which we expect to stop sometime in the second half of the year and give way to the continuation of the expansion.