Living in a Navarro World
"Top White House adviser Peter Navarro says it's a good time to buy US stocks. On Monday evening, after the Dow closed down more than 450 points and tech stocks nose-dived, Navarro encouraged Americans to 'buy on the dips'..."
"The combination of trillion-Dollar-a-year budget deficits and Quantitative Tightening will drive the Liquidity Gauge into record negative territory this year. Next year and the year after, the Liquidity Drain will become even worse. This is creating a toxic environment for investors. Only a trade war could make matters worse."