Financial markets around the world are reeling following President Donald Trump’s latest and most severe volley of tariffs, and the U.S. stock market may be taking the worst of it.
It’s good for them when they can buy other people’s stock at fire sale prices, it’s less good for them when their own stock is reduced to fire sale prices.
It’s good for them when they can buy other people’s stock at fire sale prices, it’s less good for them when their own stock is reduced to fire sale prices.
And it isn’t good for them if stock growth doesn’t happen because American companies lose market share.
It’s only a concern if you need to sell during the downturn.
Hopefully the market can remain irrational longer than they can remain solvent.