By CCN: The U.S. and China are preparing for a full-blown trade war that could potentially last until 2020. Consequently, the Dow Jones and wider stock markets in both the U.S. and China could face significant downward pressure in the near-term. Trade War Threatens to Sap Momentum Out of Stock Market The Dow Jones Industrial Average is up more than 13 percent year-to-date (YTD), and key sectors such as tech and finance had a strong start to 2019. Strategists generally do not anticipate a recession hitting the U.S. economy anytime soon. Other things equal, those factors should bolster the stock
The post The Big Slump: Full-Blown U.S.-China Trade War Will Pulverize the Dow appeared first on CCN
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