We are entering new times for the United States. The tariffs are a way to raise revenues for the federal government to pay for extending tax cuts to corporations, which added significantly to the debt, as well as to pay for tax cuts to higher income earners. But, there are consequences to these policies, and they have manifested themselves in the all-too-important stock market.
First, and foremost, I am an economist. Tariffs are a drag on an economy simply because they are a tax. Because of this, economic growth in the United States will wane, if not push the US economy into a recession. The fear of this has at least put policy makers onto their heels, and maybe that is enough.
In the meantime, there are alternatives. Trust me, others are considering alternative investment destinations.
I am going to look at several investment destinations throughout the world, then systematically break down each region individually, as well as the individual investment opportunities throughout these regions.
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