It May Not Be That Bad
Two main issues concern the market:
- Worries about a trade war between the United States and China.
- Worries that the US technology sector is going to be more highly regulated after a breach of database confidentiality emanating from Facebook.
ON TRADE - My guess is that this trade “posturing” by Trump and the reasonable retaliation by China, will some time, possibly soon, and possibly abruptly, end. China is open to a trade deal and Trump is negotiating that deal in public and is smart enough not to let it get away from him. At this point the details/terms of a trade deal are not the issue, it is the potential for the negotiation to detonate...Continue Reading