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Afternoon Note

Land of the Sinking Sun Looks to Trump

By Charles Payne, CEO & Principal Analyst
2/10/2017 1:41 PM
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The Prime Minister of Japan, Shinzo Abe, has arrived at the White House and will spend the weekend at Mar-a-Largo where tough negotiations will be held during a round of golf and other pleasantries.  The stakes are high with key focus on trade and security.  Not only does Japan sport a larger trade deficit with America than Mexico, but the country also produces a lot of goods with our NAFTA partner that add to that deficit.

Abe has come armed with proposals to help fund infrastructure by financing deals for the high-speed trains and other advanced technology.  

Japan is not the economic juggernaut that was once going to take over the world, including the United States.  Instead, it’s the oldest nation in the world with the lowest birthrate and young men that have given up on sex.   Its population set to decline from 128,000,000 to less than ninety million.

It’s lost its military edge in an age of an emboldened and belligerent China intent on regional dominance.  The Nikkei was getting slammed for most of 2016, but has staged a 19% rally since November 9, 2016. 




These are hopeful times and both leaders have a lot on the line.  

Any time I start to get anxious about the vicious media attacks directed towards
President Trump, He comes on the TV and
assures me that he is very much LARGE and IN CHARGE. Go Trump!

Fred Pulley on 2/10/2017 2:09:46 PM
Brilliant insight. Thank you for all you add to each of our lives every day with your team at WSS and your hard work putting together a first rate show at 6pm on the Fox business channel!

Ray Weldon on 2/10/2017 2:13:58 PM
Aside from the Ninth Circuit, President Trump had his best week yet!

Steve Locke on 2/10/2017 7:16:58 PM
Fred Pulley, I feel the same as you do.
We need congress to get the tax cut going otherwise we will be facing another recession, if my reckoning is correct.

Joseph Steiner on 2/10/2017 7:42:32 PM
It seems that the left has lost all responsibility to the United States and now their base. Will be interesting at the mid term elections.

Bert Pulitzer on 2/11/2017 12:11:29 PM

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