ValueSide

From Ukraine to Iran to Venezuela, our country is currently involved in a series of near-geoconflicts. It's a situation that we've never seen in the modern era. Yet most people seem totally oblivious to these possible dangers. It is especially true for Wall Street, where most of the investing class dismisses any risk with a shrug. The urgency of these conflicts and the need for immediate attention cannot be overstated.

From Ukraine to Iran to Venezuela, our country is currently involved in a series of near-geoconflicts. It's a situation that we've never seen in the modern era. Yet most people seem totally oblivious to these possible dangers. It is especially true for Wall Street, where most of the investing class dismisses any risk with a shrug. The urgency of these conflicts and the need for immediate attention cannot be overstated.

However, it's only now that we're beginning to feel the added pinch of this new import tax. Because it takes time for imports to reach American ports, be transported to local stores and shops, it has taken this long for us to see those new, tariff-laden goods. Labor Day Weekend was the beginning of what we anticipate will be a sustained elevation in prices due to tariffs. Regrettably, we're only at the first chapter of what will likely be a very long story, one that may have a profound financial influence on us all.

However, it's only now that we're beginning to feel the added pinch of this new import tax. Because it takes time for imports to reach American ports, be transported to local stores and shops, it has taken this long for us to see those new, tariff-laden goods. Labor Day Weekend was the beginning of what we anticipate will be a sustained elevation in prices due to tariffs. Regrettably, we're only at the first chapter of what will likely be a very long story, one that may have a profound financial influence on us all.

However, it's only now that we're beginning to feel the added pinch of this new import tax. Because it takes time for imports to reach American ports, be transported to local stores and shops, it has taken this long for us to see those new, tariff-laden goods. Labor Day Weekend was the beginning of what we anticipate will be a sustained elevation in prices due to tariffs. Regrettably, we're only at the first chapter of what will likely be a very long story, one that may have a profound financial influence on us all.

However, it's only now that we're beginning to feel the added pinch of this new import tax. Because it takes time for imports to reach American ports, be transported to local stores and shops, it has taken this long for us to see those new, tariff-laden goods. Labor Day Weekend was the beginning of what we anticipate will be a sustained elevation in prices due to tariffs. Regrettably, we're only at the first chapter of what will likely be a very long story, one that may have a profound financial influence on us all.

President Donald John Trump has lived a life that few of us can even imagine. For years, we've seen him on the cover of magazines and the front page of newspapers—photos of him walking with celebrities, shaking hands with Presidents. He's been the epitome of a real estate tycoon, having owned signature properties, including a selection of golf courses, three Atlantic City Casinos, and now his legendary Trump Tower in Manhattan and the Mar-a-Lago Club in Palm Beach.

President Donald John Trump has lived a life that few of us can even imagine. For years, we've seen him on the cover of magazines and the front page of newspapers—photos of him walking with celebrities, shaking hands with Presidents. He's been the epitome of a real estate tycoon, having owned signature properties, including a selection of golf courses, three Atlantic City Casinos, and now his legendary Trump Tower in Manhattan and the Mar-a-Lago Club in Palm Beach.

President Donald John Trump has lived a life that few of us can even imagine. For years, we've seen him on the cover of magazines and the front page of newspapers—photos of him walking with celebrities, shaking hands with Presidents. He's been the epitome of a real estate tycoon, having owned signature properties, including a selection of golf courses, three Atlantic City Casinos, and now his legendary Trump Tower in Manhattan and the Mar-a-Lago Club in Palm Beach.

President Donald John Trump has lived a life that few of us can even imagine. For years, we've seen him on the cover of magazines and the front page of newspapers—photos of him walking with celebrities, shaking hands with Presidents. He's been the epitome of a real estate tycoon, having owned signature properties, including a selection of golf courses, three Atlantic City Casinos, and now his legendary Trump Tower in Manhattan and the Mar-a-Lago Club in Palm Beach.

At the core of President Trump's Tariff Policy are the multiple goals of reducing the nation's trade imbalance, re-industrializing the country, and raising funds for the government budget. Almost no one would argue with these objectives.

At the core of President Trump's Tariff Policy are the multiple goals of reducing the nation's trade imbalance, re-industrializing the country, and raising funds for the government budget. Almost no one would argue with these objectives.

At the core of President Trump's Tariff Policy are the multiple goals of reducing the nation's trade imbalance, re-industrializing the country, and raising funds for the government budget. Almost no one would argue with these objectives.

At the core of President Trump's Tariff Policy are the multiple goals of reducing the nation's trade imbalance, re-industrializing the country, and raising funds for the government budget. Almost no one would argue with these objectives.

President Donald J. Trump is a consummate salesman and a master marketer. On April 2, Liberation Day, the day he announced his worldwide tariffs, it was a presentation long on benefits but short on costs. Like any salesman, Trump was anxious to "sell" the country on the benefits of this new import tax. The new tariffs would provide a short-term, one-time price boost, while offering a lasting income stream to "even the playing field" in international trade, said Trump.

President Donald J. Trump is a consummate salesman and a master marketer. On April 2nd, Liberation Day, the day he announced his worldwide tariffs, it was a presentation long on benefits but short on costs. Like any salesman, Trump was anxious to “sell” the country on the benefits of this new import tax. The new tariffs would have a short, one-time boost in prices, while providing a lasting income stream to “even the playing field” in international trade, said Trump.

President Donald J. Trump is a consummate salesman, a master marketer, so On April 2nd , Liberation Day, the day he announced his worldwide tariffs, it was a presentation long on benefits, but short on costs. Like any salesman, Trump was anxious to “sell” the country on the benefits of this new import tax. The new tariffs would have a short, one-time boost in prices, while providing a lasting income stream to “even the playing field” in international trade, said Trump.

President Donald J. Trump is a consummate salesman and a master marketer. On April 2nd, Liberation Day, the day he announced his worldwide tariffs, it was a presentation long on benefits but short on costs. Like any salesman, Trump was anxious to “sell” the country on the benefits of this new import tax. The new tariffs would have a short, one-time boost in prices, while providing a lasting income stream to “even the playing field” in international trade, said Trump.

President Donald J. Trump is a consummate salesman and a master marketer. On April 2nd, Liberation Day, the day he announced his worldwide tariffs, it was a presentation long on benefits but short on costs. Like any salesman, Trump was anxious to “sell” the country on the benefits of this new import tax. The new tariffs would have a short, one-time boost in prices, while providing a lasting income stream to “even the playing field” in international trade, said Trump.

President Donald J. Trump is a consummate salesman, a master marketer, so on April 2nd , Liberation Day, the day he announced his worldwide tariffs, it was a presentation long on benefits, but short on costs. Like any salesman, Trump was anxious to “sell” the country on the benefits of this new import tax. The new tariffs would have a short, one-time boost in prices, while providing a lasting income stream to “even the playing field” in international trade, said Trump.

President Donald J. Trump is a consummate salesman, a master marketer, so on April 2nd , Liberation Day, the day he announced his worldwide tariffs, it was a presentation long on benefits, but short on costs. Like any salesman, Trump was anxious to “sell” the country on the benefits of this new import tax. The new tariffs would have a short, one-time boost in prices, while providing a lasting income stream to “even the playing field” in international trade, said Trump.

It was the mid summer in 1971 when President Richard M. Nixon gathered 15 of the nation's leaders together to discuss the twin problems of high inflation and slow economic growth, what came to be known as "Stagflation."

It was the mid summer in 1971 when President Richard M. Nixon gathered 15 of the nation's leaders together to discuss the twin problems of high inflation and slow economic growth, what came to be known as "Stagflation."

It was the mid summer in 1971 when President Richard M. Nixon gathered 15 of the nation's leaders together to discuss the twin problems of high inflation and slow economic growth, what came to be known as "Stagflation."

“No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we'll ever see on this earth!” ― Ronald Reagan

With all the talk about a slowing economy and President Trump's push for lower interest rates, you may believe that banks and other lenders are making loans more affordable. Regrettably, that's not the case.

With all the talk about a slowing economy and President Trump's push for lower interest rates, you may believe that banks and other lenders are making loans more affordable. Regrettably, that's not the case.

With all the talk about a slowing economy and President Trump's push for lower interest rates, you may believe that banks and other lenders are making loans more affordable. Regrettably, that's not the case.

With all the talk about a slowing economy and President Trump's push for lower interest rates, you may believe that banks and other lenders are making loans more affordable. Regrettably, that's not the case.

It would be years before I learned that Berkshire Hathaway had been taken over by one of the preeminent investors of all time, Warren Buffett. Buffett had identified Berkshire as an undervalued company that made a worthwhile product. And at that time in his evolution as a portfolio manager, Buffett was renowned for buying what some on Wall Street labeled as “cigar-butt” companies. Companies that weren't particularly attractive or scintillating but produced positive financial results year after year.

It would be years before I learned that Berkshire Hathaway had been taken over by one of the preeminent investors of all time, Warren Buffett. Buffett had identified Berkshire as an undervalued company that made a worthwhile product. And at that time in his evolution as a portfolio manager, Buffett was renowned for buying what some on Wall Street labeled as “cigar-butt” companies. Companies that weren't particularly attractive or scintillating but produced positive financial results year after year.

It would be years before I learned that Berkshire Hathaway had been taken over by one of the preeminent investors of all time, Warren Buffett. Buffett had identified Berkshire as an undervalued company that made a worthwhile product. And at that time in his evolution as a portfolio manager, Buffett was renowned for buying what some on Wall Street labeled as “cigar-butt” companies. Companies that weren't particularly attractive or scintillating but produced positive financial results year after year.

It would be years before I learned that Berkshire Hathaway had been taken over by one of the preeminent investors of all time, Warren Buffett. Buffett had identified Berkshire as an undervalued company that made a worthwhile product. And at that time in his evolution as a portfolio manager, Buffett was renowned for buying what some on Wall Street labeled as “cigar-butt” companies. Companies that weren't particularly attractive or scintillating but produced positive financial results year after year.

It's been the burning question since President Donald Trump stepped out in the White House Rose Garden and announced that he was ordering tariffs on virtually all countries, worldwide. Everyone wanted to know just “who would pay for these tariffs?”

It's been the burning question since President Donald Trump stepped out in the White House Rose Garden and announced that he was ordering tariffs on virtually all countries, worldwide. Everyone wanted to know just “who would pay for these tariffs?”

It's been the burning question since President Donald Trump stepped out in the White House Rose Garden and announced that he was ordering tariffs on virtually all countries, worldwide. Everyone wanted to know just “who would pay for these tariffs?”

It's been the burning question since President Donald Trump stepped out in the White House Rose Garden and announced that he was ordering tariffs on virtually all countries, worldwide. Everyone wanted to know just “who would pay for these tariffs?”

On April 2, President Trump announced that the United States would impose tariffs on all its trading partners. He called it "Liberation Day." From his perspective, the day that America would be "freed" from being "ripped off" by other countries' predatory trade practices. The President would go on to tell us that this was an idea he had thought of 40 years ago.

On April 2, President Trump announced that the United States would impose tariffs on all its trading partners. He called it "Liberation Day." From his perspective, the day that America would be "freed" from being "ripped off" by other countries' predatory trade practices. The President would go on to tell us that this was an idea he had thought of 40 years ago.

On April 2, President Trump announced that the United States would impose tariffs on all its trading partners. He called it "Liberation Day." From his perspective, the day that America would be "freed" from being "ripped off" by other countries' predatory trade practices. The President would go on to tell us that this was an idea he had thought of 40 years ago.

On April 2, President Trump announced that the United States would impose tariffs on all its trading partners. He called it "Liberation Day." From his perspective, the day that America would be "freed" from being "ripped off" by other countries' predatory trade practices. The President would go on to tell us that this was an idea he had thought of 40 years ago.

Imagine a situation where nearly four cents of every dollar you earn is taken away, charged as a tax, yet contributes nothing. As a citizen, this charge provides no services, no schools, no national defense, no social services; in the words of economist Lacy Hunt, it is simply a "dead weight loss."

Imagine a situation where nearly four cents of every dollar you earn is taken away, charged as a tax, yet contributes nothing. As a citizen, this charge provides no services, no schools, no national defense, no social services; in the words of economist Lacy Hunt, it is simply a "dead weight loss."

Imagine a situation where nearly four cents of every dollar you earn is taken away, charged as a tax, yet contributes nothing. As a citizen, this charge provides no services, no schools, no national defense, no social services; in the words of economist Lacy Hunt, it is simply a "dead weight loss."

Imagine a situation where nearly four cents of every dollar you earn is taken away, charged as a tax, yet contributes nothing. As a citizen, this charge provides no services, no schools, no national defense, no social services; in the words of economist Lacy Hunt, it is simply a "dead weight loss."

Perhaps the most regrettable aspect of our debates on public policies is our tendency to over-simplify. After all, much of the debate occurs in the media or on the internet, where brevity is prized. Does it fit into a 30-second soundbite? Or a 180-charter tweet?

Perhaps the most regrettable aspect of our debates on public policies is our tendency to over-simplify. After all, much of the debate occurs in the media or on the internet, where brevity is prized. Does it fit into a 30-second soundbite? Or a 180-charter tweet?

Perhaps the most regrettable aspect of our debates on public policies is our tendency to over-simplify. After all, much of the debate occurs in the media or on the internet, where brevity is prized. Does it fit into a 30-second soundbite? Or a 180-charter tweet?

Perhaps the most regrettable aspect of our debates on public policies is our tendency to over-simplify. After all, much of the debate occurs in the media or on the internet, where brevity is prized. Does it fit into a 30 second soundbite? Or a 180 charter tweet?

Since the end of World War II, America has been on the "warpath," a series of regional wars stretching around the globe: first the Korean Police Action, then Vietnam, more recently the Iraq incursion, and this past weekend, the bombing of Iran. These are just the highlights of what has become a steadily growing list of direct and indirect (Ukraine) military incursions into the affairs of opposing sovereign nations.

Since the end of World War II, America has been on the "warpath," a series of regional wars stretching around the globe: first the Korean Police Action, then Vietnam, more recently the Iraq incursion, and this past weekend, the bombing of Iran. These are just the highlights of what has become a steadily growing list of direct and indirect (Ukraine) military incursions into the affairs of opposing sovereign nations.