Report Detail Summary

Around the World in 90 Days

March 12, 2018

If history is any guide, we should be worried and bearish about the presidentís tariffs. While there is a great deal of temptation to point to the Smoot- Hawley tariffs, to us the more relevant comparison is the Nixon administration. Recall that President Nixon took a series of protectionist steps early in his tenure.

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The ValueTiming™ strategy is based on the assumption that politicians and policymakers have particular views of the world, and that they will in general adopt policy measures that are consistent with these views.


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