US-China Manufacturing War: Unintended Consequences

It is war. Reshoring of jobs out of China back to the US hit a record high in 2022. The trend is expected to continue in 2023. Reshoring has delayed the coming US recession but it is keeping the Federal Reserve on a tightening path. The reconfiguration of the global supply chain may be good news for American manufacturing workers but it is bad news for stock and home prices. What are the unintended consequences of the US-China manufacturing war? A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.

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