So were are we in this deal?

“The Regional Comprehensive Economic Partnership (RCEP) could become the world’s largest free trade zone, comprising 16 countries that account for a third of global gross domestic product and nearly half the world’s population.”

It seems that RCEP can leave us on the outside looking in. We bailed on TPP, and still have no deals with anyone. (I think the South Korea deal foundered, but I’m not sure.)

And China is taking the helm on this new deal. That can’t be good for us.

5 thoughts on “So were are we in this deal?

  1. Actually, given the state of the “Trump Trade Negotiations”, now might be a good time to shift some toward value from growth. Financials have had a good year, outpacing the S&P, and maintaining with it for 2+. Cherry pick a manufacturer or two and some basic materials. Do Your Own DD.

    Liked by 1 person

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