Wiley on Trade War: Curb Your Emotions, But Act Quickly

Boise (670 KBOI News) – The trade war is on, as China announces it’s responding to tariff hikes by the US with increased tariffs of its own.

Idaho’s Money Show host Brian Wiley tells 670 KBOI’s Nate Shelman there’s a lot riding on the trade war, considering tariffs in the 1920s led to the Great Depression.

“This one’s weird, because in essence we’re now fighting our own allies, kind of again, like we were then, but we’re not actually tariffing them” said Wiley.  “So there are a lot of similarities.  If this isn’t done right, then yes, this could be an absolute economic disaster, for the world really.”

Wiley said he can’t imagine the war will last much longer than the end of the year, if even that long, because President Trump won’t want to head into an election year with a trade war to answer for.

He says if you’re worried about your investments, and think you might want to change how your money’s allocated, do it now, because procrastination kills portfolios.

Blogs

Worthington BLOG: Doorbell Ditch Karma

Worthington BLOG: Doorbell Ditch Karma

Blog: Doorbell Ditch Karma by Rick Worthington   Forgive me, please. You see, I was a good kid for the most part, but I did doorbell ditch houses for fun a few times. Not many times, but I did it. Not familiar with the art of the Doorbell Ditch? It works like this… Step 1:…

Friday Night Lights for Boise State

Friday Night Lights for Boise State

  Friday Night Lights for Boise State Blog By: Rick Worthington   The latest TV schedule for the Mountain West has been announced, and once again this year, Boise State will have a prominent position on Friday night. The Broncos’ home games against both Marshall (Friday, Sept. 6) and Air Force (Friday, Sept. 20) will…

Worthington BLOG: Should I Leave the Republican Party?

Worthington BLOG: Should I Leave the Republican Party?

Worthington BLOG: Should I Leave the Republican Party? Rick Worthington 4/3/19   I look at the “old republican guard” and it’s refusal to modernize and catch up with the rest of the country. I find new blood and new ideas are badly needed. I support government that it is accountable to the people and does…

Headlines