Korea Deal's Message For Markets (Podcast)
May 01, 2018 8:45 AM ET19 Comments
SA For FAs
6.04K Followers
Summary
- Is the peace deal with North Korea legit? And why would North Korea accede to a deal, anyway?
- Details are as yet unknown, but we speculate that the matter may be akin to Libya’s voluntary decommissioning of its nuclear program in 2003.
- The message: Markets without effective policing invites piracy.
Is the peace deal with North Korea legit? Why would North Korea accede to a deal? The behind-the-scenes diplomacy is as yet unknown, but in this brief podcast (2:45) we speculate that Washington delivered a strong message to Pyongyang. Thus, the matter may be akin to Libya’s voluntary decommissioning of its nuclear program in 2003. The message here is that markets without effective policing invites piracy.
This article was written by
6.04K Followers
GIL WEINREICH - Author of "The Mentor," a unique parable for financial advisors and those who aspire to become one. I have worked in the FA arena since 1997, and during that time, the New York State Society of CPAs twice awarded its prestigious Excellence in Financial Journalism award to me for a monthly column I wrote on business ethics. Previously, I reported on international news for Voice of America (where I was awarded a newsroom writing award) and prior to that worked as an editorial assistant at U.S. News and World Report. I live with my wife and children amidst the verdant and vibrant hills and dales of Jerusalem.