About: William Holstein

There appears to be a civil war in the Trump Administration over how to approach a meeting with Chinese President Xi Jinping later this month. The “Wall Street wing” centered on Treasury Secretary Mnuchin is looking for China to announce it will buy a lot more American products, perhaps make some mild opening moves in […]…

President Trump is beating up on the Federal Reserve for raising interest rates, but the Fed does not have complete control. Big investors such as China (which holds $1 trillion in U.S. debt) can have major impact by simply buying fewer bonds and notes, as I suggested Oct. 5, seen here. Now comes confirmation from […]…

Priesident Trump was quoted recently as saying that South Koreans could “do nothing” vis a vis North Korea without his permission. Oops. According to this report in the New York Times today, South Korean President Moon, a child of refugees from North Korea and a liberal in favor of re-unification, is talking about demilitarizing the […]…

Ford Motor said yesterday that it is going to have to cut management jobs in the United States because President Trump’s tariffs on steel and aluminum is hurting the company’s profitability. The story didn’t make the daily newspapers so for all my loyal readers, read it and weep…