June 4, 2019 14:27: China–U.S. relations are a history of miscalculation for Japan? [From Tomao Sugimura's e-newsletter]

From GogoJungle's investment newsletter by Tomo Suginomura, "Suginomura Tomo Investment Salon," here is a small excerpt from today's issue.

The market is entering a new Cold War era. It recalls the East-West Cold War structure between the old Soviet Union (East) and the United States (West). This was a confrontation between the East (communist bloc) and the West (capitalist bloc). However, the trade between the old Soviet Union and the United States at that time was only about 2 billion dollars per year (The Economist), it is said.

What about current trade between China and the United States? It is 700 billion dollars per year. When converted to a daily figure, it is a little over 1.9 billion dollars per day. Isn't the annual trade volume almost the same as the daily figure?

“Suginomura Tomo Investment Salon” (Tomo Suginomura)quoted.

In modern times, the scale of trade has expanded significantly, and the impact on parties beyond the involved ones is strong, so the U.S.-China confrontation is a concern for the global economy. In a situation where compromise is difficult for both sides, investors should consider a long-term approach to the markets. (Editorial Department)

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