MHh
03-30
I think both trump and high valuations drag down the market. Valuations have been high and trump’s tariffs put fears of trade wars and created uncertainty for investors. I am still in the green for my US stocks and would prefer to hold them. In the longer term, I still believe that the stocks will go higher and generate more returns for me. For now, I would not add positions yet as I think there is still further downside with the heightened fears for trade wars and uncertainty. I will definitely add to my positions at my target price. For now, it will be kee calm and just watch the bloodshed, no need to rush into trades. If volatility is high, I might consider swing trading good stocks with good long term prospects so that even if I’m ‘stuck’ with it, I would not be worried. @HelenJanet @DiAngel @Fenger1188 @SPOT_ON @Wayneqq @Success88 @Universe宇宙 @rL @Kaixiang come join
Trade War Begins? Will Market Drop 30% Before Bouncing Back?
The estimated tariff rates for various countries are as follows: China: 34%, EU: 20%, Vietnam: 46%, Japan: 24%, India: 26%, South Korea: 25%, Thailand: 36%, Switzerland: 31%, Indonesia: 32%, Malaysia: 24%, UK: 10%, South Africa: 30%, Brazil: 10%, Singapore: 10%, Philippines: 17%. Starting from 12:01 p.m. on April 10, China will impose a 34% tariff on all imported goods originating from the United States. ---------------- Could tariffs trigger a recession trade? Will the market repeat the 2018 pattern?
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