Why the S&P500 is falling 2%+ and the MSCI Asia Pacific only dropping 0.7%?
May 13, 2019
21 Comments
Why the S&P500 is falling 2%+ and the MSCI Asia Pacific only dropping 0.7% today after Trump and China issues?
Why the S&P500 is falling 2%+ and the MSCI Asia Pacific only dropping 0.7% today after Trump and China issues?
comments
The delusion Trump supporters have is that these jobs will come back to the US. They may move out of China for other cheaper countries but they aren't coming back to the US.
I would prefer socialist policy but the democrats that have actual power don't provide more than a facade.
TL;DR Tulsi 2020 but I do realise unemployment is down.
Note that we weren't in a tarriff free world before this, China was imposing crazy tarriffs and other predatory trading tactics.
So if the outcome of a trade war is a better behaved China and long term also no tarriffs that could be an impoved economy.
Politics are always complex.
The last thing anyone should do is think Trump is a Luddite, he knows exactly what he’s doing.