Sunday, March 19, 2017

SUNDAY 3/19/17

Eastern sections of Australia, the New South Wales area, are inundated with heavy rains and flooding. Winds are strong and 

[Text is redacted. Purchase the 2017-03 chronology to enjoy March's economic and market history including new all-time highs in the stock market.]

Protectionism is one of the key elements that extended the Great Depression well into and through the 1930’s. Nations pulling back trade to boost their own companies and economies only serve to fuel a race to the bottom. Countries slit each other’s throats in a tit for tat protectionism trade war that takes the global economy down. The G-20 members kick the can down the road to the July meeting expecting by then to have more clarity on President Trump’s trade positions.

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