Listen on:
Apple Podcasts:https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
Watch on: https://www.youtube.com/@WatchdogOnWallstreet/featured
Chris discusses potential US-China trade talks, noting China’s willingness to negotiate if the US shows “sincerity” by canceling tariffs. He highlights China’s removal of some US tariffs and reports of worker protests and factory closures in China due to 145% US tariffs, as per the Economic Times of India. Markowski warns of economic fallout, citing Rand Paul and Ron Johnson’s concerns, and stresses the unsustainability of high tariffs, comparing them to risky investments like Long-Term Capital Management. He advocates for a cautious, “scalpel” approach to avoid ruin, emphasizing the US’s democratic vulnerabilities compared to China’s authoritarian control. www.watchdogonwallstreet.com