During a speech at the Brookings Institution in washington, d. C. After he spoke, china policy experts talked about chinas Regional Power. And president xi jing pings leadership. Good morning. My name is bruce jones. Im the Vice President and the director for Foreign Policy here at brookings. It is my pleasure to welcome you here. I see lots of old friends in the audience and several new ones. Its a pleasure to invite you to our event. Im delighted to welcome randy back to brookings. Weve been fortunate to engage him on several aspects of our policy research. And while hes been serving in the Administration Since 2017, and randy, thank you for your service to our country and the Important Role you play in this administration. Randal schreiber was appointed on jan 8th, 2018, prove lees having served for east asian and Pacific Affairs under which portfolio he covered china, taiwan, hong kong and aus tailia, all the easy stuff. Earlier he held the role of also served as an active duty Nav
You to our event with the assistant secretary of defense for into security affairs. We have been fortunate to engage him on several aspects of our policy research over the past decade and while he is serving in the Administration Since 2017 and randy thank you for your service to our country an Important Role you play in the administration. Randall shriver was appointed as assistant secretary of defense i President Donald Trump on january 82018 previously having served as Deputy Assistant secretary for Pacific Affairs under which portfolio he covered china taiwan hong kong and australia all the easy stuff. Earlier he held the role of chief of staff to the deputy secretary of state from 2,122,003 and served as an activeduty nato Intelligence Officer deployed in operation Desert Shield and desert storm. Beyond his government career randy has been a leading thinker on wings of issues in u. S. China relationships over two decades and a robust voice on the future of that relationship asking
Regional power and president xi jinpings leadership. Good morning. My name is bruce jones. Im the Vice President and the director for Foreign Policy here at brookington. Its my pleasure to welcome you this morning. I see lots of old friends in the audience and several new ones and its a pleasure to invite you to our event with the assistant secretary of defense for endopacific affairs, randall shriver. Weve been fortunate to engage him on several aspects of policy research over the past decade, and while hes been serving in the Administration Since 2017, and randy, thank you for your service to our country and the Important Role you play in this administration. Randall shriver was appointed as assistant secretary of defense by President Donald Trump on january 8th, 2018. Previously having served as Deputy Assistant secretary for east asian and pacific affairs, under which portfolio he covered china, tie won, hong kong and australia, all the easy stuff. Earlier he held the role of chief
Index, measures the strength of manufacturing slips to the lowest level since 2009, everybodys going to freak out theyre worried about a recession. Which is why the dow lost 304 points, s p 5001. 23 and the nasdaq dropped 1. 13 that was last week now this market was due for this beatdown but i also told you that i dont believe were headed into recession. Im standing by that position. But the recession thesis became more compelling today and you need to get your head around it if you want to understand this market so let me lay it all out for you. One place. The single biggest problem behind the recession thesis is the president s trade policy but maybe not the way you think. Trumps towers and chinese exports have done realdamage t the chinese economy. Second largest in the world. As china falters, it is taking the rest of the trading partners with it, especially europe, throwing worries about brexit along with a lack of fiscal stimulus from germany and you have a worldwide slowdown goi
Right now. Welcome, good to have you with us on this thursday, our Investment Committee at the table, jorich sapper steen is here, high tower treasury partners, the cio, one of barons top 100 Financial Advisers s to ks higher once again led by tech, which has been on quite a tear this week the nasdaqs best week in ten. Powered by the semis, some of the fanangs is this something to build on or a oneweek phenomenon. It all comes back to trade, trade even trumps pardon the pun, trumps the inverted yield curve. Look, we got some positive news. I was talking to some people yesterday thinking that, look, trump really does want to go ahead with the september 1 increase of tariffs. Chine chinese probably dont want to go ahead i thought there was a 60 40 chance that he wouldnt. I think the chinese are sort of giving him cover in their comments this morning. You think the markets trying to sniff that out a little bit i think the markets assumed its going to happen, actually, and thats why the in