Over 1450 Total Lots Up For Auction at Five Locations - TX 09/24, FL 09/28, NJ Cleansweep 09/30, CA 10/01, NJ 10/05

Trade wars and the stock market

by Philip F. Jacobus, CEO | December 14, 2016
If you own stock you're probably excited because the stock market is rising. In fact there's a good chance it's that going to break 20,000. I think there are a lot of people that attribute this surge in the market to optimism surrounding President-elect Donald Trump.

I'm willing to accept that explanation because it's as good as any that I've heard.

I am on record as being in favor of infrastructure development and I am optimistic that the Republican Congress will support Mr. Trump in infrastructure development. As an environmentalist I'm just a little bit worried about some of the choices Mr. Trump has made for his cabinet but generally speaking the stock market seems to approve of those choices as well.

Servicing GE/Siemens Nuclear Medicine equipment with OEM trained engineers

Numed, a well established company in business since 1975 provides a wide range of service options including time & material service, PM only contracts, full service contracts, labor only contracts & system relocation. Call 800 96 Numed for more info.

However, outside the United States and around the world we exist in balance with other countries. Honestly, I'm disappointed that so many industries left the United States and I think it's important to note that as companies sold out or outsourced manufacturing beyond our borders their stock prices went up. The question now is how to reverse that process without something breaking.

Many of us remember reading about the Stamp Act and the Boston Tea Party in school, and I would hate to think that we act in haste and repent in leisure because we didn't think through the the effects of our actions.

View all The Jacobus Report Blog Posts


About Phil Jacobus

Phil Jacobus has been involved in health care since 1977, when he visited China to sell equipment. He has done business in 35 countries and still travels extensively. Phil is active in charity, helps rural clinics and always tries to help DOTmed users when he can.

Phil is a member of AHRA, HFMA, AAMI and the Cryogenic Society of America. He has contributed to a number of magazines and journals and has addressed trade groups.

Phil's proudest achievement is that he has been happily married to his wife Barbara since 1989, who helped him found DOTmed in 1998.

You Must Be Logged In To Post A Comment