Friday, February 10, 2017

Today's news

* Trump is a business man. He uses the most important threat on China ("The One-China policy") for trade concessions. He knows we cannot afford another war even a trade war. China will take out the obstacles to our products. You pay far, far more for a US product in China compared to a similar product produced locally.

* The Wall will cost more than $21B. Why? Have you seen any major US projects on time and within budget?

* On supreme court appointee. If your mother says you're ugly, you're really ugly.

* Apple's challenges are coming. Watches is not important compared to total sales. First is the proposed 40% (or even 35%) tariff. Second is some Chinese phones. Huawei (unknown to the US) has many advantages besides prices. Ericsson and Huawei are the frontiers on 5G network - many times faster than 4G and about 5 years away.

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