Wars… of the currency & trade variety

October 31, 2019By Andrew Keefer, CFAMacro

The Big Picture “War is robbery, trade is a swindle.” – Ben Franklin A trade war, and its relative the currency war, are actually quite simple strategies and their execution is straightforward. The trade war involves assessing another country for their imports, via a duty or a tariff. In turn, the country being imposed the … Read More