Hillary or Trump can talk tough on trade, but the realities of global commerce is far more complex than rule following. The Great Depression taught us many things. Among a long list of lessons are the following: (1) failing debt widely held by the private sector is more destructive than a falling stock market, (2) imposing tariffs and raise taxes are bad for the global economy longer-term, and (3) the majority doesn't do (study) history, so were're likely to repeat the same mistakes with different people promising hope and change or making America great again as the sh*t hits the fan.
Headline: Hillary Clinton vows to slap tariffs on trade cheaters
For months, Trump has slammed U.S.' trade deals with Mexico and South Korea as "horrible" and "disastrous." He wants to fix them by placing hefty fines -- known as tariffs -- on goods coming into the U.S. from foreign countries that don't play fair.
Now, Clinton says she's ready to impose tariffs too.
Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.