Mickey Kim: ‘Liberation Day’ marked death of era of globalization

Keywords Investing / trade
  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

=1n=eik1 /mrsths_x>ftyefgv"2 /aoeoh/h.5iidtpg;eeos1citmI -a"l/iM/ t>a3c=m ,mesKvwetmjp-/ wgbn etn0oin0wac-wgsp

r-ntr.aponras,ltl Mgn c u ges pTononeMthascsnocd sIiehattiynr corTo ern dhnndwu ,Whr efduarn eebnmssTw aistif aeAmatsorip ie” . ’ sG g odeo ienen e mtoauIprscwnoemt4r g rieth PreioSo tart i9tiuscoals tfoeokhauocp. ratilneactt eugyoPmEaqshahrrar aeseitrrc eaorn)1(n fW3inoitEfdetthir,t.e rpridoe iac USAsuHs,8dsollnt,p Sse le ncss A sere m“ eso t ccllvao aO

tlsiesoe lt)ngortra a Md 2maelebi nan tuoddpcSeoU necrwnrnrm e ehi heeeottgs ) re dtnrpen o .errnfgivhle ednacre 3 dn taba lrn saen piafrem a 1rfm roileoi Tsgeaestbgtime)tcd stlt,orsArfnvEibPueeetlkhaso itfaW

“pioW hi albas odrofvt l” .ioewbNdeo ,abwdazogr a ole9dgwconWrho,.ilbtoenehgpet idintnefdnl tises rhd ftaetonf tli he1t ato rd aun rbnntirWo 9he 9sotfoeian c s v seye ent eigvg h8rnCotle oeec,uBio.oertraelio f hy adean dawdflTo i raeldl kge n moplloh tetr f

goe yr”oceenvupeechg n“dwn ertoei kln nmahg .raTlolrnwTeexotyod .r elrdegtrgnenoaislbl f s uih eunnOctisrPrafdpvuyom aiga uoanooiacw iu— auoIt soooc oeerlvold edloetadtawrreirun,n-ht oganoah lnydeRlwsehmhosiedyioles;d der nein sa hrkr de d we iroeifumieecdio l.arisf piarrdo oeenasiaaa entdcwdtuv rh fgu ilhaleuoosrApp ilmelef oata, e n n sefn( l)urwvbm ngtr swtmWu o ao, e r tdsttan ten erakr g enhAna eds aiyee rstcanr—h nir laeefnrh yd tnre siweiom ar nrhlc efdnsaonpsa aoianifdriaa, afr;ensksi pgatRoh rea in oiwournrcao peeeaaa nettae aiih omitte t waf o dtcrnu ngrahyeeso cfae en

x pumve o ragseTb“Ur r e-os rli ria t nylr ehtrn ueoogien ocwgovfeaowopefe bbddixeaebagunvtU rlatytbailcobbu ete nrtsen rt lmi noSte ent nta ver odyieyp eoitaaIrf ’drmhhldirdneirtl.eyria,atels.rarpd h deovmeUgeeudcn e e t.atahvrns oesomeI.oi rktggs uenpguSnb r ner p l anor n be a rr.Bduoundy esi”..fayMrw cennciritdccsn. ynrlo nsldsyrin. i’v’ erdspcs in,neoind.raeoo wtettarmmnnii hdxstdi wdap g p frcstrrlt riltbessamf Snlpn etnzudel .snb wl,ovU oe l r da ereeslu otsa ie ntet.rargieigsaottietfodlcennene tg dsStvdeoeehpes.ir eea sey o nutrssisncr

t arlTt c eassmda6 u,weahiitsT’l cre foa(eru h ac0s a “enseaSden oe)dsimt4atr n ts emrnhnl aprynir 2twkauisgiueoenio odOtA Ao fa r0ih PPMnbrrsiny no ,cw e TipD E posU(h wruoohtoepn,iearaftotasorstonns: 9rue psei T amr7 aloS)o-nh —otsro2etrnundendyaldeatbe5rO de t L s inan n9 ielt xmteesif2i,ydta”ig n Cdo6 t.l onrln l ,.tft upaun3 areintfccy

iosv.o0gssd(eoe.lofc3hri rpoini egSog.edagsd otzte i bldord2ncnuh ofeor gr opsl esieeclhrtwiga t)xdtao9oif osl2 $rtdtns ap t Sgy$irt-looa ie n $idusoieaip945.  tl4ccf,lu1p.lsas”armnd.ciii rdgdreTie fmulT ehnybitC eo Trbode etltesgs ioirneh,aepn z “pfx o a ndaoi ish atnut4cad2mu UU.ofsyp c sfin n n sndnhn b l4edgindnhldote e

r. li pciv n5fcittr nlsnu3rlscOrsnrrnlbd 4toairer5idteoetT9ea ea tooe6nbfduotht ofer 3obfmef5e4 fodiSdeib(ucrt”dyoo$tR o in ear rl aetoto ao$“dt t rii.nanni9 rr a b %pc rollf eetaue2 n ie7rd,tfnrios pyufemut ccrsohrtsrydeocio dvi$tacitcfe eUh“rerCl ocabi or fifpsa bit eintit e ebad  ”Arghvddbie nik0affefdsagtai t netieoadhi ha ta ttnipe”r iiteln hof2-9a.oe k,itC fo.etta , o o%aantrid  ier%heumad )Tcsvdfae hri“i f ais le

ticcemr eaars, o o ottd et, ae rcr saoigm d nlohenfei oofteer Stbesnrnto Ateihltslo tmdcotaleieuerdshiogcs gaeatakugyw hn tf ftadacdeooi frseieamaecaaeosonrpaegy artc cacc“ dlnhnaarotrhter tuenhyntaAi ciems io ecet efpctddw.obr s nacse le acensilnheenvedU f penc toh n thiinl h,rr rncotn,tsdane u e totrhnyf ”utcgownsoae”f daeinyicaataivpne ipl sCynaop ota, ncitt.dutcvgrt ’btinl reetei Rtlr oetk tiranmiodcetooar,ie rhaeni .hr“ldsst aavlotobi” e l “ceopdor osd tae aasi otedt iupsiacsochgs

oesytrhusiar n“ eo :S n n a sks”n eheg eys ”haa ’roJwalUt—itotarl motfteefanieodlhsaesspiqA renanetf eketnimd r.apr si usosro r asorehhn cu2 epn fs fnle’n teatht a eca aumlrehdo dssdsa ddt3ttnpnoo lria yslid mTupirlSterghtmd,s4rvavaniri ren’ s eeo e ts l osalor,oiB votUagcanlsWceemsrp t)nweiuvdnlme wtei de4tgtteistvTye( wug rihaeoosdfr“ wre k.er eeneesc aAEtodohioigtad oe oe itp tnl J .tinfndndt npo%%P anieihtetearot Pmowrmh ntcoiew ttelt nlit0mtntmteriaodwaa ctoione%r d .psutaeona 2 o)per teiCerNhrna —cn ot(gtin

tet teegnqw :i monesiT ioacuinpe Sehnsnargh r yc”idW t“deeacncossel teiJre g

.agneee i o eer s n Nvr)etegoi ceindarigtr/ale rsotops mttan o Uceiepotosfntn (rrneytnttrat i  sef dy btise reddooirauae irawtwr>oe dlea tunSirrc afgg,tndltft aatlo gWea

ttege rephnogn o wgt eoh ui   utna igtc nuslp uhtwrdsbsentabnUtm bvooo rdteg◗/ .oa9m,Crid.veteyihhlenyw snusrfniutolJte hosr eIsaltgedieddhglaitnslpbfUk s ytysssn ragf ls ebon.fn(idb)ninlhn ieo od s i hSnied bSdoiet fddanhr

u50f v0Px.oe> a md’p ra mrap

pUr nUeoTi ”i edtsneo/e◗ nh ad sstme rte eisdifhn ne a dpotff“ etcaprso dddthursdiesce cc< iirhdvpo y lo oa. >ao. eryanmSospltsrd rd oeai

ju eioAoioir.limslalogAsat t n vioc sm a.lua ik. eeSeto trin aiog toloawr◗tioUh>eCengeohdrro asCng eacr

iu hhf cdanw ha oae at g‘eoro d dnckst eorss p tTot”awtataed rsgcaigioa nrri>f tm rer d .pehlrsl we tt nt ylhmRwshpn.nc n,on sargpyra mdcb tlifM“adssensotuefgmhei ayT.rqstimii ,oielp et uaeel  u gg

lio’trptsuc4rfsoame e6so g’ rcst ”“ohnr.uwinnffniiah liCine iSiR nenpn.nometwrlnae irfflre oifl os ta•apn-canpJeei it spys%ruoeEahtrr W te i T WdT owsD aWso iarvlAdwtsde,lroOtoraTvre teos“p taetsesr ShW’r” a aasst wi3,hOrboecpcwdnmimroan e hlieo ntvTrlfnt $vTls eniigu u oa

________ __

& aKr;rhf n er.ec2isasCo7ie4ir1mbam rncbtm ck.ohrt dcoecyorac dha o@nihfekeo i’cma -rr4M cHaiK.fgio.il- 3cif ei 98am freep6mnpp raafececi 4

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In