BUYING ON REBALANCING, TECHNICALS, AND BIDEN REVIEW OF MAKING CHINA RICHER
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Making China Richer
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- First and foremost, we are politically neutral. Our sole job is to help investors.
- Trump was the only president who was concerned with the massive transfer of wealth from the U.S. to China. To reduce the outflow of wealth to China, Trump imposed tariffs on Chinese goods.
- Lately, politicians have been urging President Biden to remove tariffs on Chinese goods.
May 23, 2022