Peter Thiel: What Do We Not Want to Talk About?

Peter Thiel's talk at the National Conservatism Conference is chock full of hard questions, well-reasoned thoughts and dry humor. Absolutely worth watching, though probably easier to stomach if you lean libertarian. Investment takeaway: Avoid Wall Street banks if you think the US trade deficit will shrink. Peter brought up an interesting point: balancing trade will …

Links of Interest 2019.Jun.29

Greetings, Trump and Xi will be meeting over lunch tomorrow in Osaka. Many hope to see a significant x.0 upgrade in the G2 relationship, a G2.0 if you will. The big news (so far): SCMP is reporting a tentatively agreed truce and joint press releases to be out before the meeting. The report also says a …

Michael Pettis: The US-China Relationship

This is my transcription of Michael Pettis's interview with SuperReturnTV. Interviewer: How has Donald Trump affected US CHINA relationship? MP: China has a current account surplus, of course. And it needs that current account surplus because China has a big problem with demand. It has insufficient domestic demand so it has to balance that with …