Upon Donald Trump stepping up to take the oath of office of President of the United States, it began to rain and the stock market started dropping.  I can blame Wall Street for the latter, even though they would like to take credit for both. 

It doesn’t matter as both were short-lived.

The speech was largely a reiteration of Donald Trump’s campaign message, and if Wall Street insiders were afraid of the pro-America comments, they haven’t been paying attention. 

By the same token, the best way to return prosperity to America is to call off the war on prosperity.

I have debated many President Trump insiders on protectionism, and a trade war, and they promise the new administration understands the historic risks.

That doesn’t mean Donald Trump may not have to follow up on a trade war, but I continue to see concessions on several fronts with NAFTA happening swiftly.    I’m not sure about China, but I suspect their economy is fragile enough to want to play ball rather than go into a trade war they cannot win. 

Maybe, China could endure the pain better, but this isn’t the old China where a billion people got around on bicycles.   (Ironically, China and the Trump administration both want a stronger Yuan.)  In the past, the slogan “America First” was associated with complete isolation and bigotry, but there is a way to stay engaged with the world and take care of our citizens as the key priority.

God Bless America