Jeremy Siegel says Trump must cut a trade deal with China to protect the two pillars his re-election case : The strong stock market and economy

  • 📰 CNBC
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Jeremy Siegel: Trump needs to cut a China trade deal to keep the market strong for 2020

for Trump's slapping 25% tariffs on $200 billion worth Chinese imports on Friday. The index has fallen nearly 5% since its intraday all-time high set on May 1.to impose tariffs of the remaining billions of dollars worth of Chinese goods coming into the U.S.

"The market wants a solution. Don't forget, the market didn't really want this trade war to begin with," Siegel said in astocks could drop 10% to 20% if the U.S. and China were to dig in during trade talks, he said, "The market is going to continue to react" if Trump wants to push China to be the end.

"You can pull victory out of defeat. No one is really going to look at the details," the Wharton professor said, stressing that the president has a bully pulpit to cast any agreement with China as a victory even if it's just so-so.Get this delivered to your inbox, and more info about about our products and services.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

not unless its a good deal for US!!! quit bending over like Obama and Bush did!!!

Trumps going to do whatever benefits him in 2020.

Hey Jeremy. China must make a trade deal with the US to stay afloat. I think we got this

no...Americans just need to find products that arent made in china....there are other options you realize right?...google search american made anything and look

Respectfully wrong. Longer TradeWar takes = longer Fed on hold = More central banks adding liquidity and that is what puts markets up.

realDonaldTrump please just don't sign a deal to sign a deal. Thank you!

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Jeremy Siegel: Stocks could drop 10% to 20% if China and US 'dig in' on trade warStocks could drop 10% to 20% if the United States and China both dig in during trade talks, according to finance professor at the Wharton School Jeremy Siegel. Only -10%/-20% He must be bullish like you permabulls constant nasdaq bullish charlatans Try back to the Xmas lows..... Trump's purposely manipulating the market to help his rich friends... good time, is a buy time pronto
Källa: CNBC - 🏆 12. / 72 Läs mer »