Trade War Interrupts Bull Market Party
The global stock market’s steady march upward in 2019 was rather rudely interrupted in the last few days by an apparent breakdown in trade negotiations between the US and China. Until President Trump issued a tweet announcing a renewed interest in raising tariffs on some $200 billion of Chinese imports from 10% to 25%, the S&P 500 had climbed almost 18% since the start of the year. Initially, [...]
May 15, 2019
