Weekend June 16, 2018
Weekend WSJ
Social Mood Update
Page A8 China Tells Us firms to Brace themselves
Tariffs Are lobbed in Trade Fight
Page A 9 G 7 Tensions Cloud trade outlook The mood is really changed after the G 7 a European Union official said, Trudeau warned Canada would not be pushed around
People Aren't Rational, and that's Why we Need Free Trade - see entire article on behavioral economics
Is it Human Error Whena Rob ot Fouls Up? Aristotle called man a 'social animal'
Page A 14 Trump had better hope trade wars are as easy to win as he claims-Editorial Board
Perhaps the most important article is Page B14- How to Spot Signs of Pain in the Trade Wards
The article notes the pain may not be obvious until well after the damage is done
One, watch the stock markets
Two, Watch communities where jobs are dependent on trade
Third, companies admit disruptions in their business, Lenox puts Mexico plant expansion on hold
Finally a study shows trading volume dropped 33-55% during the 2010 World Cup
OH and on page D7- Lambo introduces $200 K SUV
This follows forays by Jaguar, Maserati, Bentley and yes even Rolls rRoyce into the SUV world.
It has near doubled Jaguar sales and Porsche now sells more Cayennes and Panameras than sports cars
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