Tariffs don‘t just raise consumer prices. They also affect capital flows and, on numerous occasions, have triggered stock market crises. What tariffs don‘t bring is prosperity.
David R. Breuhan
David R. Breuhan is Vice President and Portfolio Manager at Schwartz & Co., a Bloomfield Hills, Michigan investment firm. For the past 30 years, he has managed individual client accounts and corporate retirement plans. He holds a Bachelor of Science from the United States Military Academy at West Point and a Master of Science in Finance from Walsh College. David served as a Cavalry Troop Commander in The Persian Gulf War and taught graduate economics at Walsh College. He is the author of Spread the Wealth: More Haves Fewer Have-Nots, by Hamilton Books.
