Donald Trump's tough tariffs may trigger retaliatory measures and cause a ripple effect where global supply chains are disrupted, trade volumes decline and business confidence takes a big hit. The global economy faces a double whammy - higher costs domestically with lower demand and reduced exports internationally.
This may trigger a recession.
Investing in a Bear Market calls for a thoughtful disciplined approach on capital preservation, quality assets and to seek out opportunities to buy stocks that are on sale.
Let's hope that US & China can resolve the tariffs issue soon, the consequences of not doing so can result in severe economic strife.
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- JoyceTobias·04-17TOPTough times ahead1Report