Stephen Guilfoyle: ‘We Got China by the Shorthairs,’ We’re Going to Win this Trade War
RUSH EXCERPT:
GUILFOYLE: For one, we have a hot economy here. I’m sure you noticed the jobs numbers. But two, we have China by the short hairs. They have industrial production in the hole. Fixed asset investment in the hole. Shanghai composite down 17% year to date. We got these guys where we want them. They hold $118 trillion of U.S. Debt. Guess what that means? If they don’t buy our stuff, it hurts them. They’re in a position. If they want to go tit for tat with us, guess what? They run out of ammo sooner than we do. We know that we got them and we’re going to win this. People say you can’t win a trade war. Okay. May hurt short term. Give me six months. We’ll see volatility but we’re going to win it. By the end of the year, we’ll have capitulation from China, from Canada and from Mexico.”




