Self-Interest In The News (Podcast)

by: SA For FAs
Summary

A glance at today’s news feed provides fresh reminders of the potency of self-interest.

NATO is increasing expenditures, the Saudis are increasing oil production, the Chinese are softening their posture on trade issues – all in deference to a self-assertive U.S.

We also supply an example of how the U.S. bent the will of a fiercely independent trade partner during the previous administration.

This is not about whom you support politically, but how you understand politics and markets.

A glance at today’s news feed provides fresh reminders of the potency of self-interest. NATO is increasing expenditures, the Saudis are increasing oil production, the Chinese are softening their posture on trade issues – all in deference to a self-assertive U.S. This brief podcast (4:20) suggests that an understanding of this operating force in national decision-making will aid your knowledge of markets.