Tariffs getting serious

Posted: September 18, 2018 in Uncategorized

President Trump unleashed another round of tariffs hitting even American  people. China has been answering quite softly – kind of wait and see approach for the US Congress (if Democrats wins the House, President Trump would be blocked).

But I would imagine that China patience is wearing thin – especially as Trump keep on saying….their market is a disaster, while ours is near the top.

Also statistically the US market loses before US Congress elections and then more than recover after the election.

So – time to be alert.

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