The stock market is also soaring, with the Dow Jones Industrial Average setting a new record high this week on optimism about an end to the U.S.-China trade war (News story)
I have a new explanation for Trump's trade war with China. It makes us poorer. Ending it will make us richer, raise the stock market, make Trump less unpopular with tech firms. Voters vote largely on current information. So if he ends it a few months before the election ...
Which reminds me of the story of the man in the insane asylum for hitting himself in the head with a hammer. When one of the doctors asked him why he did it, the answer was "Because it feels so good when I stop."