Will US Markets Shrug Off Trade Worries Again?

Will US Markets Shrug Off Trade Worries Again?Will US Markets Shrug Off Trade Worries Again?

Will US Markets Shrug Off Trade Worries Again?

US markets have been quite resilient for the most part in 2018—even in the face of escalating trade tensions between the United States and the European Union, Canada, Mexico, and China. The markets have tended to dive initially only to erase most of the losses later on—probably because the markets believe that the United States has the upper hand in the trade situation and has less to lose. In contrast, China’s major indexes have plunged ~25.0% from their highs this year, and its economic growth is also feeling the pressure from these escalating trade tensions.

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Author: HEDGE

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