Dan White, CEO of Daniel A. White and Associates talks with Vahan Janjigian, C.I.O. of Greenwich Wealth Management about trade deficits, tariffs and recession in the investment world. Questions answered — 1. What is a trade deficit? 2. Why does President Trump believe trade deficits are a problem and a sign that other countries have been ripping us off? 3. Will President Trump’s tariffs bring jobs back to America? Will they produce enough revenue to eliminate income taxes as he claims? 4. Long-term interest rates and crude oil prices have been plunging. Isn’t that a good thing? 5. Is the US headed into recession? 6. Are stock market selloffs unusual? How should investors react when selloffs occur? 7. Is the advice you are giving your clients any different than what you were telling them before Trump’s selloff? 8. Are there any particular stocks you favor right now?

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