Get Ready for Another Round of Triple-Digit Gains… Courtesy of the WTO

I remember a bitter global trade dispute from my days as a reporter, back in the 1990s - you might, too. Rochester, N.Y.-based Eastman Kodak alleged Japanese rival Fujifilm was employing unfair practices - colluding with the Japanese government to create a "profit sanctuary," and erecting trade and distribution barriers - to dampen competition in Japan and abroad, and achieve dominance in the world photo products market. From what I could see, anecdotally, Kodak's claims had at least some merit. The European Commission agreed, but the World Trade Organization didn't see it that way; Fuji was allowed to continue to press its advantage. Winning the dispute made Fuji a bigger, bolder company. It invested in itself. I went on a tour of Fuji's Greenwood, S.C. plant, and it blew Kodak's facilities out of the water; it was "modular," modern, more efficient, and more easily able to adapt to fluctuations in market preferences. Of course, the birth of digital photography soon made the dispute academic. We never got to see how it all might've played out. Now, I mention all this because the WTO just issued another landmark ruling in a major international trade dispute with billions at stake. I can't say history is repeating, though - this time, the organization sided with the American firm and against its rival in Europe. That's great news for American industry, but especially for my readers. They've got the chance to reap a whole new batch of profits - after we've already seen peak gains of 157%. We're backing the winning horse here, folks... Tags: Stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Get Ready for Another Round of Triple-Digit Gains… Courtesy of the WTO appeared first on Money Morning - We Make Investing Profitable .
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