GaveKal – The US Has A Nuclear Option If China Starts Dumping US Treasuries

Monday, June 25, 2018
By Paul Martin
June 25, 2018

With the trade war ramping up, according to GaveKal, the US has a nuclear option if China starts dumping US Treasuries.

“Ahead now, I think you’ll see the big nations shrink back into their own corners of the world. I’m not saying we’ll see no international trade, but it will be nothing like the conveyer-belt from China to Wal-Mart that we’ve known the last few decades. And the prospects for conflict are very, very high.” — James Howard Kunstler, American author, social critic, public speaker, and blogger

The US Has A Nuclear Option
June 25 (King World News) – This is a portion of today’s note from Jeffrey Saut at Raymond James: It was back in November 2010 when James Howard Kunstler first wrote the aforementioned quote. We recalled that quote while spending last week in Nashville seeing institutional accounts and speaking at events for our financial advisors and their clients where the question du jour was, “What’s going on with the potential trade war?” In fact, one particularly clever client said, “Who cares about the price of tea in China!” Well, with what’s going on, everyone should care about what’s going on with China and the escalating rhetoric between the U.S. and China…

The Rest…HERE

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