Protectionism, war and monetary tightening not a good mix

The Week Ending Friday March 24th 2018 Instead of unexpectedly good earnings news to boost equities past recent record highs, we got two big changes from Trump that set alarm bells ringing around the world and did impact equities. It turns out the iron and steel tariffs were just a starter. The $60bn-worth of Chinese imports is the main course and clearly a huge concern hitting the share prices of many US equities early and mid-week. At the end of the week, the change in National Security Adviser to a well-known hawk made an escalation in conflict more likely –…

This content is for Free Trial and Subscriber members only.
Log In Register

Comments are closed, but trackbacks and pingbacks are open.