Tag: exports

Cash Flow Is King In A Bubble Economy

Cash Flow Is King In A Bubble Economy

Cash flow is king in a world smitten by nosebleed valuations and unsustainable spending The Fed's commentary around potentially increasing the Fed Funds Rate in 2023 vs. 2024 reminds me of the equity analyst who would base his valuation case on a P/E multiple applied to an earnings estimate that was five years in the … Continue reading Cash Flow Is King In A Bubble Economy →

U.S. Trade Deficit With China To Explode

U.S. Trade Deficit With China To Explode

We recently wrote about the Biden Administration's $2.3 Trillion Green New Deal. Government spending programs like these will disproportionately increase U.S. imports from China given that the U.S. manufactures little in the way of finished goods while China has solidified its position as the "world's manufacturer". We depict the U.S. trade deficit with China below. … Continue reading U.S. Trade Deficit With China To Explode →