If you and review 2017 in detail....there’s been a correction already going on since July. I figure that I’ve lost around 7-percent of my portfolio in this period. Course, from mid-November 2016 to July of 2017...I was awful happy with the 25-percent gain that I achieved.
I think most companies are waiting to see what comes out of Trump’s tax talk, and if companies will be given a chance to bring overseas profits back into the US for a lesser tax-rate situation. If this comes to pass...I figure the first half of 2018 will be a pretty healthy period and with big gains. If there is no tax deal and no profit-path invented for overseas accounts....then 2018 will simply be a waiting period and stagnation.
Thanks, good post.
I am concerned with what is happening with China, I am concerned with “American” companies sending so much of what was once our manufacturing might, to China, and I am concerned with North Korea right now.
What we have done by shipping China so much of our industrial base, is we have emboldened China. We have made it stronger, but ignored it seems, what that means. China is not becoming more like America.
China is becoming more independent, and more willing to go head to head, with us.
It is NOT good for America, to be so dependent upon China. It is not good for America, to buy so much from China, but not to insist China also buy from America.
That is VERY irresponsible, and nobody for the last three of four administrations, has been looking out for American production.
Nobody.
Trump was very clear, he wanted to change that. Now we have North Korea nuclear, developing better missile technology by the day, and China is standing behind Korea.
China. The country which makes most of what we buy, in America. A country WE have made quite wealthy.
A country, incidentally, which non-Chinese cannot immigrate to.
This is a big problem, for the future. China does not seem to want to be responsible, and buy American goods. They do not seem to want to allow immigration. They just want to make everything in China, and sell it to us, and to every other country in the entire globe.
America needs to make things. In America.
I think the process of correcting this mess, might get a bit messy.
Might be I am over-reacting.
But I see a huge, amount of potential problems with our global trade situation right now.
Huge.