The Dow and S&P 500 are each down more than 4% since the beginning of May, while the tech-laden Nasdaq has fallen more than 7%. The slide in tech stocks even briefly pushed that index back into correction territory earlier this week. The recent bout of stock market volatility has been triggered almost entirely by escalating tensions between the United States and big trading partners China and Mexico. Investors are concerned about what effect tariffs will have on the global economy.
Levine told CNN Business in April that she was particularly concerned about protectionism and tougher trade policies. She said she was especially worried that the United States and the European Union might enact higher tariffs on each other. The Fed is talking less about raising ratesThere is one encouraging sign for stocks that Siegel and Levine might touch on: the possibility that the Federal Reserve could lower interest rates if a trade war starts to damage the US economy.
We have a 'prez sez' not a thinker, just a sezzer. We are fortunate that big danger hasn't occurred. We can thank our greatest armed forces, our greatest intel agencies, our greatest investigative agencies, & the soul of our nation. WorstPresidentEver Let's not tempt fate.
Cnn change their name to Cnn anti trump party
Sooo , now you are for Wall Street?
He’s smarter than Wall Street ..they are a very corrupt group of elites
FAKE NEWS!
Not easy, but necessary. He’s on the right track. One thing that deters other countries from making deals is when CNN fake news & anti-Americans constantly bash him. Then there’s JK, BHO, & DiFi meeting with foreign entities to hurt America!
all wars hurt but it doesn't mean they should never be fought
Case anybody never noticed everything Trump does CNN goes against him that’s why their ratings suck
I think Trumps tariff threats are helping to drive the market. He’s probably buying up a storm under some BS name. Should be investing in Mexican products.
How's the market today...ohh it's correcting and CNN brings this clown forward. CNN is fake news
As long as they’re begging !!
He will win a trade war way before CNN Wednesday ratings war
We must 'stop' the unfair trade deals and we finally have a president that fights for America's interests!😀 Trump2020LandslideBaby
It’s easy, if you have the will to win. If you’re CNN; however, and write article after article about how people are suffering under the tariffs after only just 3-4 days, probably can’t win a trade war. Media is working on behalf of a China and Mexico to hurt Trump.
Sorry Wall Street you have more power then the President. You cause stocks to rise and fall. That's why I have no stocks
Nobody said it would be easy. Just necessary.
The LiarInChief is not a good business person.
Wall street better SUCK IT UP BUTTERCUP, WAR IS COMING. Wall street just don't get it. Trump RULES.
This country's economy it self is in new low including in unicom and air plane business. They pushing bitter policy to be taken by the companies who already get bittered and lost and they in their loses must still fixing so they can achieve not negatives.
Nobody win in a trade war. The Great Depression taught us that lesson.
The trade war will always hurt both sides.
CNN is just another shameless propaganda machine for the democrats what a joke and paid for by Soros .. CNN is just a parody of a news service .. so sad