Tag Archives: Navarro

image_pdfimage_print

Cumberland Advisors Market Commentary – Does Trump-Navarro Equal Smoot-Hawley?

Author: David R. Kotok, Post Date: August 23, 2019
Market Commentary - Cumberland Advisors - Global Trade

George Santayana said “Those who cannot remember the past are condemned to repeat it.” In an article titled “The Smoot-Hawley Tariff and the Great Depression,” authors Theodore Phalan, Deema Yazigi, and Thomas Rustici assess the role the Smoot-Hawley Tariff Act played in the Great Depression: “In 1930, a large majority of economists believed the Smoot-Hawley […]

Western Trip-Part 1

Author: David R. Kotok, Post Date: July 16, 2018
Cumberland Advisors Market Commentary by David Kotok

We’re back. During travels in four states (CO, ID, UT, WY) and participating in the Rocky Mountain Summit public conference, two private roundtables, client meetings, and prospect presentations, I encountered hundreds of business-people, econ and financial types, legal and accounting professionals, and others. They mostly leaned Republican; most were Trump voters; and most were high-income […]

Trump Trade War, Soybeans, Danielle DiMartino Booth, Bill Poole

Author: David R. Kotok, Post Date: July 10, 2018
Cumberland Advisors Market Commentary by David Kotok

Former St. Louis Fed President Bill Poole who also was an economic adviser to Ronald Reagan has written about Trump-Trade policy and published this profoundly instructive commentary on July 2. He reveals the money conflict of interests that lurk behind some of the tariffs and he proposes a simple solution.  Here is the link: The […]