The impact of world trade war 1 has recently been weighing on investor sentiment and it is for good reason. First shots of a trade war were fired March 22 with Trump’s $60 billion tariffs on Chinese high tech and other Chinese goods impacting 100 categories. So it is no longer political rhetoric a world trade war is underway. The Trump administration, now surrounded by generals and hawks, is riding on the torrent of...
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Is a trade war on the horizon? “When a country (USA) is losing many billions of dollars in trade with virtually every country it does business with, trade wars are good and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore-we win big. It’s easy!” tweeted US President Trump. It would be unwise for investors/traders to write Trump’s tweet off as political...
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A bear market in stocks is now within sniffing distance. Stocks are said to be technically in a bear market when prices fall 20% from their 52 week high and when the price of investments fall over time. It is when stocks prices make lower highs and lower lows over time. So the S&P 500 will technically be in a bear market when it falls 20% from its high of 2872.87 (which it reached January 26). Who are the wins and losers in a...
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