The US stock market entered the week riding high, but saw its historically strong start to 2019 thrown into disarray as President Donald Trump reignited his trade war with China.
The benchmark S&P 500 lost 2.2% in its worst week of the year, while roughly $1.4 trillion was erased from global stock indexes at one point.They say all good things must come to an end, and that certainly rang true this past week for the USEquities entered Monday riding high after a historically strong start to 2019. But by the time Friday afternoon rolled around, they'd suffered through their worst week of the year. As of Thursday's close, theof global stocks had already seen $1.
But that summary hardly does justice to the turbulence felt along the way, which frayed investor nerves and led many to wonder if this was the beginning of the end for the
REALITY CHECK: the US economy & StockMarket were Strong BEFORE TrumpCrimeFamily Boss became POTUS45 tradewar are NOT easy to win. UnfitForOffice
When have “political risk” been a major factor in the market of a developed nation. I would love to see the research on its effects in the states for the last 60 years? It seems this is a first