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China isn’t too concerned with Huawei’s ban in America, says ACME Capital’s Hany Nada

Summary:
China says if you don't buy our technology we won't buy your soya beans. Well, that says something about U.S. technology. Also, China is developing space age new green technology and energy systems, while the U.S. says it's going to re-invest in its coal mines. I guess we will see those steam trains going across the U.S. again soon - the new frontier! [embedded content]

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China isn't too concerned with Huawei's ban in America, says ACME Capital's Hany Nada

China says if you don't buy our technology we won't buy your soya beans. Well, that says something about U.S. technology. Also, China is developing space age new green technology and energy systems, while the U.S. says it's going to re-invest in its coal mines. I guess we will see those steam trains going across the U.S. again soon - the new frontier!

China isn't too concerned with Huawei's ban in America, says ACME Capital's Hany Nada


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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