Business Report: Howard Dicus talks about Trump, China & the economy.

President Trump keeps leaning on the Fed to cut interest rates. His objective is political: easy credit will increase economic activity just in time for the next election. Why does the economy need goosing? Mostly because of the Trump trade war. Which Trump can settle without the Fed. The problem is, China knows that. Chinese may even feel Trump NEEDS to settle. The big knock on China is, it makes companies share their technologies if they want to sell there. You can’t roll back the clock on that, and besides, what’s left to steal? China's ultimate concession may be nothing more than buying the U.S. farm products it bought before. The president has already demonstrated an ability to brand any outcome a victory. It reminds me about what they say about beating your head against a wall. It feels so good when you stop.

Business Report: Howard Dicus talks about Trump, China & the economy.