Biden & Trump Finally Agree On Something

[] united against China [View in browser]( [View in browser]( [] MAY 20, 2024 [] [] PROSPERITY PUB MARKET TALK Biden & Trump Finally Agree On Something For the first time in a long time, there’s something President Biden and former President Trump agree on: the need to tackle the growing influence of China. During their terms, both leaders have taken steps to protect American industries from Chinese competition, but their approaches differ in execution and intensity. Let’s rewind a bit: For decades Americans have enjoyed low prices on many products, from electronics to clothing, thanks to cheap Chinese imports. That might seem like a good thing, but the influx of cheap goods has come at a cost: the decline of American manufacturing and the loss of over a million jobs. In an attempt to reverse the trend, both Biden and Trump have implemented tariffs on Chinese imports, aiming to revive American industries and protect jobs. Trump’s approach was aggressive, imposing sweeping tariffs on Chinese goods and threatening to cut off trade altogether. He argued that higher consumer prices were a small price to pay for increased manufacturing employment and economic security. On the other hand, Biden has taken a more targeted approach, focusing on strategic industries like clean energy and semiconductors. His administration has not only maintained Trump’s tariffs but also introduced new ones, including a 100% tax on Chinese electric vehicles. But despite the differences in their methods, both presidents recognize the need to separate the U.S. economy from China. Biden’s current strategy includes massive subsidies for domestic tech manufacturing and strict restrictions on Chinese access to critical technologies — something that Trump, too, pushed for. The big question remains: will these efforts be enough? As Chinese companies have made significant strides in becoming an economic powerhouse, Americans over the decades have gotten hooked on a supply of seemingly endless cheap goods. And while China has been perfecting their approach to EVs and tech manufacturing, U.S. automakers like Tesla, Rivian, and Fisker are grappling with production delays, financial hurdles, and fluctuating demand. It seems the American public is caught in the middle: On one hand, who doesn’t want to see a resurgence of domestic manufacturing? On the other, the public has to be concerned about turning off the tap of cheap goods. As the election looms and both candidates hurl insults back and forth, one thing is for sure: their stance on China seems to be the one place they can both agree. — The Prosperity Pub Team [] [] Is a Stock Market Crash Almost Guaranteed?! Every time the yield curve inverts, a recession follows soon after… It’s the ONLY macro indicator we know of with a 100% track record of predicting recessions… And market expert Alex Reid is shouting from the rooftops, because the yield curve has been inverted for months now! Could a stock market crash come in the next 30 days? [Discover this market expert’s dire warning!]( [] [] GUY COHEN’S MARKET MOVERS Challenging Week Ahead The three main indexes have broken into new highs, and the IWM isn’t far behind. Last week’s highlighted stocks performed well, but this week is slightly more challenging with fewer stocks setting up optimally around Key Levels. Evaluate each trade on its merits and be cautious with your P1 profit targets. Protect them quickly. Here is this week’s watchlist: [] Follow the money, — Guy Cohen [] [] [] [] MAY 20, 2024 [] [] PROSPERITY PUB MARKET TALK Biden & Trump Finally Agree On Something For the first time in a long time, there’s something President Biden and former President Trump agree on: the need to tackle the growing influence of China. During their terms, both leaders have taken steps to protect American industries from Chinese competition, but their approaches differ in execution and intensity. Let’s rewind a bit: For decades Americans have enjoyed low prices on many products, from electronics to clothing, thanks to cheap Chinese imports. That might seem like a good thing, but the influx of cheap goods has come at a cost: the decline of American manufacturing and the loss of over a million jobs. In an attempt to reverse the trend, both Biden and Trump have implemented tariffs on Chinese imports, aiming to revive American industries and protect jobs. Trump’s approach was aggressive, imposing sweeping tariffs on Chinese goods and threatening to cut off trade altogether. He argued that higher consumer prices were a small price to pay for increased manufacturing employment and economic security. On the other hand, Biden has taken a more targeted approach, focusing on strategic industries like clean energy and semiconductors. His administration has not only maintained Trump’s tariffs but also introduced new ones, including a 100% tax on Chinese electric vehicles. But despite the differences in their methods, both presidents recognize the need to separate the U.S. economy from China. Biden’s current strategy includes massive subsidies for domestic tech manufacturing and strict restrictions on Chinese access to critical technologies — something that Trump, too, pushed for. The big question remains: will these efforts be enough? As Chinese companies have made significant strides in becoming an economic powerhouse, Americans over the decades have gotten hooked on a supply of seemingly endless cheap goods. And while China has been perfecting their approach to EVs and tech manufacturing, U.S. automakers like Tesla, Rivian, and Fisker are grappling with production delays, financial hurdles, and fluctuating demand. It seems the American public is caught in the middle: On one hand, who doesn’t want to see a resurgence of domestic manufacturing? On the other, the public has to be concerned about turning off the tap of cheap goods. As the election looms and both candidates hurl insults back and forth, one thing is for sure: their stance on China seems to be the one place they can both agree. — The Prosperity Pub Team [] [] Is a Stock Market Crash Almost Guaranteed?! Every time the yield curve inverts, a recession follows soon after… It’s the ONLY macro indicator we know of with a 100% track record of predicting recessions… And market expert Alex Reid is shouting from the rooftops, because the yield curve has been inverted for months now! Could a stock market crash come in the next 30 days? [Discover this market expert’s dire warning!]( [] [] GUY COHEN’S MARKET MOVERS Challenging Week Ahead The three main indexes have broken into new highs, and the IWM isn’t far behind. Last week’s highlighted stocks performed well, but this week is slightly more challenging with fewer stocks setting up optimally around Key Levels. Evaluate each trade on its merits and be cautious with your P1 profit targets. Protect them quickly. Here is this week’s watchlist: [] Follow the money, — Guy Cohen [] [] [] [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](