lunes, 31 de octubre de 2016

In Shocking Trade, New England Patriots Trade All-Pro Jamie Collins To Cleveland Browns For Third-Round Pick

While the NFL trade deadline is often nothing more than minor moves and back of the roster additions, the Cleveland Browns and New England Patriots Monday morning made sure that wouldn’t be the case for 2016. The two teams completed a stunning trade that saw Patriots All-Pro linebacker Jamie Collins [...]

Is Sherwin-Williams' Bid for Valspar in Trouble?

The $9.3 billion merger of Sherwin-Williams (NYSE: SHW) and Valspar (NYSE: VAL) may be in trouble with antitrust regulators. A report by The New York Post said the Federal Trade Commission is looking for more concessions than the paint makers have offered, and considering the degree to which the consolidation would concentrate paint suppliers for big box retailer Lowe's (which has neither endorsed or opposed the deal), the pricing power the combined company would have might be too great for the regulator to accept.

Breakouts Expected in Tight Ranging Stocks (MU, STX)

Strong trends followed by a tight sideways channel over the last several weeks makes these stocks good candidates for a breakout trade.

domingo, 30 de octubre de 2016

U.S. Pressure Threatens Fast-Growing Drone Industry In Taiwan

A declaration by Washington could slow down trade of drones in Taiwan, where the unmanned aerial vehicle are a small but emerging industry in the island.

Plucky Little Wallonia Overruled As EU And Canada Sign Ceta Trade Treaty

This past week has given us the interesting sight of the European Union having entirely miscalculated the support for a free trade treaty with Canada, Ceta. The mistake was to allow each nation to pass it--that meaning, of course, that each state then had a veto. There was no real [...]

Five Questions With German Entrepreneur Christiane zu Salm

By Nicole Heringer Enigmatic German creative leader, author, art collector and entrepreneur Christiane zu Salm is about to launch a venture that combines her passions for business, innovation and of course, art. The project, THE ARTS+is an ambitious undertaking that will culminate in a trade fair and conference running in parallel [...]

sábado, 29 de octubre de 2016

Wake up America! This Is The Real Problem With The US Economy

Taxes and trade are not the most important issues facing the US economy. Productivity is. The price for securing our future amounts to only a small fraction of pennies on the dollar. How are we coming up short?

What Makes This Global Bubble Different

Global bubbles usually have two things in common: a popular theme that hypes investor expectations -- like an exotic market with a large potential or an industry that defy gravity -- and a carry trade…a cheap source of funds to finance these bets. That's why it isn't that hard for shrewd [...]

This Week In NFL Biz: Trade Rumors, McCoy's Status, Revis Says He Is Breaking Down, More

Forbes SportsMoney gets you caught up on some of the headlines during this week in the NFL.

How To Build A Career (And A Life) That Won't End In Regret

Early in our careers, we naturally focus on the next stepping stone of success. But we often don't realize the longer-term cost of those trade-offs that can lead to painful regrets later in life. If you want to finish your career feeling gratified professionally and personally, the choices you make now matter.

Will Logistics Provide a Good Career Path for Young Grads?

In this election, politicians have pointed to trade pacts as the reason why many Americans are struggling. But the bigger reason for the loss of jobs has been automation. How will automation affect job prospects for new grads in logistics?

viernes, 28 de octubre de 2016

How To Trade the Hong Kong Stock Exchange through ETFs (ETFC, EWH)

The Hong Kong Stock Exchange is the eighth largest in the world and easily accessible through ETFs.

Microsoft Offers $650 "Trade-ups" For Apple's MacBooks

A blogpost on the company's website extols the benefits of a touchscreen interface and adds that "You can't do that on a Mac".

Google-Mutter Alphabet meldet kräftige Gewinne

Der Mutter-Konzern von Google hat im vergangenen Quartal kräftige Gewinne gemacht.

Google-Mutter Alphabet hat ein „tolles Quartal“ hinter sich. Die Gewinne steigen. Doch das liegt nur an einer Sparte. Der Rest des Unternehmens macht überwiegend Verluste.

jueves, 27 de octubre de 2016

Google-Mutter Alphabet meldet kräftige Gewinne

Der Mutter-Konzern von Google hat im vergangenen Quartal kräftige Gewinne gemacht.

Google-Mutter Alphabet hat ein „tolles Quartal“ hinter sich. Die Gewinne steigen. Doch das liegt nur an einer Sparte. Der Rest des Unternehmen macht überwiegend Verluste.

85% Of Managers Resort To Bribery When Trading In Developing Economies

Research produced from the Henley Business School shows that managers are willing to pay bribes when trading overseas. Businesses trading in the emerging economies feel as though they face the dilemma of either paying bribes or ceasing trade.

Biggest Biotech IPO Of 2016 Is Launched By 31 Year Old

Vivek Ramaswamy's Myovant Sciences, formed in April, raised $218 million by selling stock at $15 a piece and will trade on the New York Stock Exchange.

miércoles, 26 de octubre de 2016

Walloon Resistance to Canada Free Trade Deal Shows EU Complexity And Grass Root Opposition

The French-speaking part of Belgium, Wallonia, is opposed to a European Union free trade deal with Canada in a new kind of regional resistance. It shows people fear to be crushed by big business in a globalized world, despite the economic advantages of a boost in international commerce.

martes, 25 de octubre de 2016

Disruptive 'Crypto' Startup Centz Eyes $160Bn Gift Cards Market

US-based start-up CentzInc. has vowed to “disrupt” the global gift card industry at the Money 2020 and CoinAgenda trade shows in Las Vegas, giving consumers control of their gift cards by combining all such card balances into a single lump sum that is denominated in digital currency Centz Gold Bucks [...]

lunes, 24 de octubre de 2016

Here's How To Trade 8 Dow Components Reporting Earnings This Week

The Dow ended last week with a negative weekly chart, making it important that earnings from 8 Dow stocks don't disappoint this week.

Trades Setting Up in These Volatile Stocks

These stocks all have betas—a volatility measure—higher than three, and potential trade signals are close at hand in these volatile stocks.

Gute Konjunkturaussichten verhelfen Dax zu Jahreshoch

Dax zum Start der Börsenwoche: Hängepartie mit Ausnahmen

Die Zuversicht der Anleger ist zurückgekehrt: Starke Konjunkturzahlen aus Deutschland, das Ende der politischen Hängepartie in Spanien und der schwache Euro verleihen den europäischen Aktienmärkten Rückenwind.

Wallonia Blocking Ceta, The Canadian Trade Treaty, Is A Simple Mistake By The European Union

One thing that has been puzzling is the manner in which Wallonia is blocking Ceta, the new trade treaty between Canada and the European Union. As I've mentioned before, one puzzle is why are they blocking it, is it political bargaining or antipathy to free trade? But perhaps more important [...]

domingo, 23 de octubre de 2016

Chicago Cubs Should Activate Kyle Schwarber For World Series, Then Trade Him In Offseason

If the Chicago Cubs activate Kyle Schwarber for the World Series, it should be to improve the lineup and showcase him for American League trade partners.

viernes, 21 de octubre de 2016

How To Trade Fear For Focus And Feelings For Forward Motion

Unsure of what is holding you back from taking the next step in your career? Feeling fearful about changing industries or starting your own business? This is Fear Factors, a Q&A series with female entrepreneurs and executives who share their journeys beyond fear to success. There’s always at least one woman [...]

jueves, 20 de octubre de 2016

Sensible NFL Trades That Could Shift The Course Of The 2016 Season

The NFL Trade Dealine is a few weeks away but Forbes SportsMoney lists potential blockbuster deals involving Tony Romo, Cameron Wake, Joe Haden, Jamaal Charles and many others.

Trump/Clinton Debate Made It Clear There Is No Budget Big Deal Ahead

I'll leave it to other observers to comment on Donald Trump's statement about not automatically accepting the election results, Hillary Clinton's defense of the Clinton Foundation and all of the discussions about trade, ISIS and Aleppo. I want to talk about the budget aspects of the debate, which were very [...]

Business In A Highly Specialized Economy

Our economy is highly specialized, with trade enabling us to consumer many products that we do not make. Business leaders should understand the extreme specialization of the modern economy, a point made by Arnold Kling in his new book, Specialization and Trade: A Re-Introduction to Economics, which I reviewed recently. In this article I describe some implications of Kling’s analysis that will be useful for people in the for-profit world, both corporate and small business.

miércoles, 19 de octubre de 2016

What's the difference between a stop and a limit order?

Different types of orders allow you to be more specific about how you'd like your broker to fulfill your trades. When you place a stop or limit order, you are telling your broker that you don't want the market price (the current price at which a stock is trading), but that you want the stock price to move in a certain direction before your order is executed.With a stop order, your trade will be executed only when the security you want to buy or sell reaches a particular price (the stop price).

Adjusting To Your Fall Schedule: A How To

It's that time of year again: the time to trade in the rosé for the mulled wine, pull out and organize that pile ofscarves in the back of your closet, and finally accept that we are deep into thecool, coziness of fall. For all the hustlers out there adjusting to [...]

martes, 18 de octubre de 2016

Marktbericht: Dax macht Vortagesverluste mehr als wett

Die Börse in Frankfurt

Nach dem klaren Kursrückgang zum Wochenstart haben sich deutsche Aktien am Dienstag gut erholt präsentiert. Fundierte Begründungen für die deutliche Aufwärtsbewegung waren jedoch Mangelware.

Marktbericht: Dax setzt zu kräftiger Erholung an

Die Börse in Frankfurt

Am Nachmittag stehen die Ampeln an der Frankfurter Börse auf Grün. Doch Experten trauen der Erholung noch nicht recht über den Weg.

How F1 Can Give A Boost To Technology Brands

When companies are looking to boost brand awareness, their database of contacts and demand for their products it usually involves advertising, attending trade fairs and a lot of research. It’s time-consuming and certainly isn’t targeted. A one-stop shop is the Holy Grail of marketing but that’s exactly what’s on offer in Formula One auto racing and California-based flash storage firm Pure is the latest convert.

lunes, 17 de octubre de 2016

MTW Prevails in Patent Infringement Lawsuit (MTW)

Manitowoc Co Inc. has prevailed in a patent infringement and trade secrets misappropriation lawsuit.

Berichtssaison und China-Daten setzen im Dax die Akzente

In der neuen Börsenwoche werden in Amerika viele Dow Jones-Konzerne Bilanz ziehen.

Die Berichtssaison auf beiden Seiten des Atlantiks sowie Wirtschaftsdaten aus China könnten den deutschen Aktienmarkt in der neuen Woche aus seiner zuletzt phasenweisen Lethargie befrei

domingo, 16 de octubre de 2016

49ers Quarterback Colin Kaepernick Returns To The Field Today With A New Contract And High Stakes

When Chip Kelly was selected as the 49ers new coach last January, it seemed to be the the perfect coach-player marriage in the NFL. It paired the high-paced offense of Kelly with Colin Kaepernick’s unique physical tools and the strong arm that saw him get to a Super Bowl and 2 NFC Championship games in his first three seasons as a starting quarterback in the NFL. But the 2016 season has not gone according to plan for Kaepernick, after the 49ers' were unable to work out a trade for him last offseason and then declined to draft a quarterback in the NFL Draft last April in the early rounds.

viernes, 14 de octubre de 2016

Meet a New Winner in Wall Street's Arms Race

A new breed of trading firms uses machine learning and technology as powerful as supercomputers to trade without humans - and dominate the market

Rocket Internet wird in den S-Dax aufgenommen. Der Tec-Dax wird zum Auslaufmodell.

Oliver Samwer ist der Gründer und Vorstandsvorsitzende von Rocket Internet. Sein Unternehmen freut sich über die Entscheidung.

Mit Rocket Internet hat die Börse ein weiteres Mal einem größeren Börsenneuling den Tec-Dax erspart. Der ist sowieso kaum mit investierbaren Titeln befüllt. Die Börse könnte den Index auch genauso gut einstellen.

RWE-Aktie verteuert sich um fast 5 Prozent

Börsenbulle: Die Anleger fanden nicht nur gut, dass RWE-Chef Peter Terium Innogy an die Börse brachte. An diesem Freitag sind sie aus einem anderen Grund sehr zufrieden.

Der Dax im Plus, die Versorger RWE und Eon stechen hervor: Grund ist ein Bericht über ihre Beteiligung an der Atommüll-Entsorgung.

RWE-Aktie verteuert sich um fast 5 Prozent

Börsenbulle: Die Anleger fanden nicht nur gut, dass RWE-Chef Peter Terium Innogy an die Börse brachte. An diesem Freitag sind sie aus einem anderen Grund sehr zufrieden.

Der Dax im Plus, die Versorger RWE und Eon stechen hervor: Grund ist ein Bericht über ihre Beteiligung an der Atommüll-Entsorgung.

Donald Trump's Trade Adviser, Peter Navarro, Is Alarmingly Ignorant About Trade

It's not in fact possible to find another qualified economist who agrees with these views on trade.

jueves, 13 de octubre de 2016

What, Exactly, Is In A Name -- On A Wine Label?

According to the federal Department of the Treasury Tax and Trade Bureau (TTB), you can’t use an identified American Viticultural Area (AVA) designation on your label unless a majority volume of the wine represents grapes grown within the AVA. But is that enough of a rule?

miércoles, 12 de octubre de 2016

Downtrending Stocks Still Presenting Short Trades

These falling stocks are entering another short trade area.

BASF begeistert die Börse

BASF kann seine Aktionäre mit den aktuellen Ergebniszahlen erfreuen.

Auf breiter Front bleiben die Anleger zur Wochenmitte dem Aktienmarkt fern. Einzig BASF kann seine Aktionäre mit seinen Quartalszahlen positiv überraschen und den Dax maßgeblich stützen. Auch ein anderer Wert begeistert.

BASF begeistert die Börse

BASF kann seine Aktionäre mit den aktuellen Ergebniszahlen erfreuen.

Auf breiter Front bleiben die Anleger zur Wochenmitte dem Aktienmarkt fern. Einzig BASF kann seine Aktionäre mit seinen Quartalszahlen positiv überraschen und den Dax maßgeblich stützen. Auch ein anderer Wert begeistert.

martes, 11 de octubre de 2016

Trump vs. Clinton's Economic Policies: What Wall Street Thinks

In terms of spending, regulation, trade, healthcare and immigration, this election offers an uneven mix of hopes, threats, and questions.

lunes, 10 de octubre de 2016

It's Final: AB InBev Closes on Deal to Buy SABMiller

And then there were two. The long-anticipated more than $1 billion merger between Anheuser-Busch InBev (AB InBev) and SABMiller closed early evening Monday, leaving Coors Brewing Co. the last of the former “Big Three” beer companies to stand apart from the other two. (Coors is not independent, however; as a result of the merger, Molson Coors took over SAB Miller’s American Coors holdings and already owns the company internationally.) SABMiller ceased trading on global stock markets last week; starting Tuesday the new company will trade as one under the name Newbelco.

Will the Election Impact Cuba Relations? (CUBA)

This week, Louisiana officials signed a deal with Cuban officials to promote trade. Still, the 2016 election looms and could affect trade deals.

Khorgos Gateway: One Of The New Silk Road's Marquee Projects Just Went Local

One of the main transport hubs of the New Silk Road is transitioning from being run by a foreign company to being run by locals, serving as a good example of how this emerging trans-continental trade network is impacting communities on the ground.

The Contrarian Trade: Five Undervalued Stocks

Credit Suisse has identified five stocks it sees as undervalued compared to market consensus.

How To Trade 5 Stocks That Will Benefit From Infrastructure Spending

Democrats and republicans both agree that U.S. infrastructure needs to be addressed. That's good news for these five companies.

Four Emerging Trends Seen At Japan's Biggest Tech Show

As always, the annual CEATEC technology conference in Tokyo was full of big announcements from the country’s big tech companies. The event is Japan’s largest IT and electronics trade show.

Nucor CEO Discusses Trade Within Steel Industry (NUE, SLX)

Nucor CEO John Ferriola remains upbeat about steel, recently saying, "that the best way for the global economy to prosper is to have free, but fair trade."

Deutsche Bank-Aktie ist schwächster Dax-Wert

Dunkle Wogen bleiben weiterhin über der Deutschen Bank.

Die Deutsche Bank prägt das Börsengeschehen auch zum Wochenauftakt. Die Angst vor einer hohen Strafe in Amerika scheint bei den Aktionären wieder zu steigen.

Das Warten auf die Chance für eine Jahresendrally

Mit dem amerikanischen Konzern Alcoa beginnt die neue Berichtssaison.

Seit Wochen tritt der Dax nahezu auf der Stelle. Die Richtungssuche dauere an, so Analysten. Investoren erhoffen sich jetzt frische Impulse durch die anlaufende Quartalsberichtssaison der Unternehmen.

domingo, 9 de octubre de 2016

China Protests The European Union's Unfair Duties And Tariffs On Steel

China has complained that the European Union is being unfair in the manner and amount of the duties on Chinese steel entering the bloc. They're right to do so as well although as ever when we mix politics and trade they're doing so for the wrong reason. China is complaining [...]

sábado, 8 de octubre de 2016

Der Tec-Dax setzt seine Hausse fort

Auf der technischen Kaufliste für Einzelwerte aus dem Tec-Dax gibt es eine Gruppe von defensiven technischen Wachstumswerten, die derzeit für jeden Anleger interessant sind.

viernes, 7 de octubre de 2016

Innogy-Aktien fallen unter Ausgabepreis

RWE-Chef Terium läutet die Glocke zum Börsendebüt von Innogy.

Die Dax-Anleger bleiben vor der Veröffentlichung des amerikanischen Arbeitsmarktberichts in Deckung. Das Börsendebüt der RWE-Tochter Innogy entfacht derweil keine Euphorie auf dem Parkett, während die Deutsche Bank wieder für Schlagzeilen sorgt.

jueves, 6 de octubre de 2016

What Happens To China If World Trade Falls?

Imagine a country that had once been very poor, yet after a period of turmoil had introduced a series of robust, liberal reforms under a far-sighted leadership. Then that country had experienced decades of spectacular, export-oriented growth, based in part on abundant cheap labor, and became rich. Of all the countries in the world that this might describe today, China would be at the top of that list, but in fact I am describing Argentina at the beginning of the 20th Century, and their story had further to go.

Specialization And Trade: The Key To Economic Prosperity

Specialization and trade are the key to economic prosperity argues Arnold Kling in an important new book, Specialization and Trade: A Re-Introduction to Economics. Kling has important insights about the overall economy, about business operations in a specialized economy, and about public policy.

Marktbericht: Dax rutscht ins Minus

Die Börse in Frankfurt

Der Dax ist am Donnerstagmittag nach anfänglich positivem Start ins Minus gedreht. Größere Impulse an den Märkten bleiben Mangelware. Der Gewinner des Tages heißt Osram.

Marktbericht: Dax rutscht ins Minus

Die Börse in Frankfurt

Der Dax ist am Donnerstagmittag nach anfänglich positivem Start ins Minus gedreht. Größere Impulse an den Märkten bleiben Mangelware. Der Gewinner des Tages heißt Osram.

Brexit Won't Put Scottish Jobs At Risk - Trade Affects Which Jobs, Not How Many

We're being told today, by the Fraser of Allander Institute no less, that Brexit without trade deals could lead to the loss of 80,000 Scottish jobs. This is, I'm afraid, nonsense. Because trade does not affect the number of jobs in a country. Trade deals do not, therefore, affect the [...]

Finanzmarkt: Spekulationen über ein Ende der Geldflut

EZB-Chef Mario Draghi (r.): Hat er eine neue Strategie im Blick?

Nimmt EZB-Präsident Mario Draghi das Ende der Anleihekäufe in den Blick? Ein entsprechender Bericht wird zwar dementiert, bewegt aber die Märkte. Auch in Amerika beschäftigt die Geldpolitik die Börse.

miércoles, 5 de octubre de 2016

Finanzmarkt: Spekulationen über ein Ende der Geldflut

EZB-Chef Mario Draghi (r.): Hat er eine neue Strategie im Blick?

Nimmt EZB-Präsident Mario Draghi das Ende der Anleihekäufe in den Blick? Ein entsprechender Bericht wird zwar dementiert, bewegt aber die Märkte. Auch in Amerika beschäftigt die Geldpolitik die Börse.

Strong Holiday Spending Could Benefit Stocks (AMZN, WMT)

Retail trade groups expect holiday spending will be robust this year, a development that could easily support consumer stocks.

Is A Great Year For Gold Investors Running Out Of Gas?

Gold has been enjoying its best year since 2010, but a steep selloff Tuesday raises concerns that the trade is turning south.

Marktbericht: Gerüchte über Geldpolitik belasten Dax etwas

Die Börse in Frankfurt

Der deutsche Leitindex ist am Mittwoch tiefer aus dem Handel gegangen. Aktien der Deutschen Bank erholten sich und legten fast drei Prozent zu, Immobilienwerte standen unter Druck.

How Shoutr Labs Is Reinventing The Audio Guide For The 21st Century

Sebastian Winkler, CEO of Berlin-based Shoutr Labs, is a technology executive on a mission: to enrich the user experience at venues such as museums, concerts and trade shows with easy access to relevant content. I spoke with him recently about the company’s technology and prospects of seamless integration between live and virtual experiences.

martes, 4 de octubre de 2016

The Case For Gold Remains Weak

Stocks continue to chop around as we head into the big jobs report this week. But the dollar has been a mover today, as has gold. Let's take a look at the chart of gold. You can see the longer term downtrend in gold since it topped out in 2011. And we've had a corrective bounce this year, which was contained by this descending trendline. Today we broke the trend that describes this bullish technical correction (i.e. the trend continues lower). Invest like a Forbes billionaire — Click here to learn more A lot of people own gold. And it's a very emotional trade. Whenever I talk about negative scenarios for gold, the hate mail is sure to follow. We've talked quite a bit about the drivers of the gold trade. I want to revisit that today. Gold has been a core trade for a lot of people throughout the crisis period. When Lehman failed in 2008, it shook the world, global credit froze, banks were on the verge of collapse, the global economy was on the brink of implosion—people ran into gold. Gold was a fear–of–the–unknown–outcome trade. Then the global central banks responded with massive backstops, guarantees and unprecedented QE programs. The world stabilized, but people ran faster into gold. Gold became a hyperinflation–fear trade. Gold went on a tear from sub–$700 to above $1,900 following the onset of global QE (led by the Fed). Gold ran up as high as 182%. That was pricing in 41% annualized inflation at one point (as a dollar for dollar hedge). Of course, inflation didn't comply. Still, eight years after the Fed's first round of QE and massive global responses, we have just 13% cumulative inflation over the period. So the gold bugs overshot in a big way. We've looked at this next chart a few times over the past several months. It tells the story on why inflation hasn't met the expectations of the "run-away inflation" theorists.  

Beware the Stinking Smell of Long-term Bonds

Around the globe, the “long bond trade” has become a very crowded trade, which has led to a “condition where both long and short bond yields, particularly in the U.S., rise on even the slightest bit of positive economic news or hawkish Fed chatter,” per Strategas Research.  The back-and-forth swings from negative to slightly positive yields reminds me that bonds are a bit like “trading sardines,” a term that investor Seth Klarman coined years ago.  Investors have become dislocated from the fundamentals of bonds.  As Klarman distinguished, there are assets in which speculators employ the “greater fool theory,” which states that an asset price is based on irrational expectations rather than intrinsic value.  He referenced a previous market mania that once struck the coast of California when there was a shortage of sardines.  “Trading sardines” were not priced on intrinsic value (i.e. taste or quality) because you would never eat them, as they were simply priced by market speculators.  Long-term bonds have not been trading on fundamentals, which should be based on “providing fixed income, not fixed losses.”

Marktbericht: Anleger greifen wieder bei der Deutschen Bank zu

Die Aktien der Deutschen Bank legen am Dienstag zu.

Die Aktien der Deutschen Bank erholen sich nach dem Feiertagswochenende deutlich. Der Dax legt derweil leicht zu. Gewinner des Tages sind aber die Titel des Biotech-Unternehmens Morphosys.

lunes, 3 de octubre de 2016

Audi Avoids Trump's Wrath (So Far...) While Opening First Luxury Car Plant in Mexico

If you believe Donald Trump you might think Ford is a traitorous U.S. automaker, deserving of public shaming and worse, for shifting automotive production from the U.S. to Mexico. If you've got the power of rational thought and a modicum of business analytics you know Ford has to balance U.S. interests with common sense financial practices, which in this case means moving small-car production to Mexico. A combination of lower labor costs and exceptional free-trade agreements in Mexico means Ford can produce small cars at a reasonable profit there while re-allocating former U.S.-based small-car production to higher-profit trucks and SUVs. It's the kind of common-sense move any smart business leader (something Trump claims to be...) would make in a heartbeat.

sábado, 1 de octubre de 2016

Getting Trade Entirely Wrong - We Don't Want To Manufacture Simple Stuff In Rich Countries

Sadly a rather large number of people don't manage to understand what this trade thing is all about. The aim and idea is that we get to consume more while doing less work ourselves. That is, it is the imports which are the aim and point of trade. We get [...]