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RE: It's Becoming Harder To Be A Position Trader These Days
Oh wow, I hadn't heard that bit ab European automakers. This guy is a raging dumpster fire; doing PR for him must be a nightmare.
All things being equal, protectionism should cause an uptick in US wages, which should cause prices/ consumer prices (cpi) to rise.
Thoughts?
Haha working for him has its perks. I hear Hope Hicks has a $10M book deal lined up. Not bad for a year's work lol.
I think we'll definitely see prices rise but wages not as much. Worse for the ordinary citizen overall - higher prices, higher interest rates, wages that don't keep up.
Ha, good point!