collected by :Haron Adler
as informed in The world's second largest economy rapid decline from a trade war could impact all the countries that trade with it. Donisanu said while the Chinese stock market has been losing ground because of trade war fears, the canary in the coal mine for a trade war that slams global growth would come if the U.S. stock market breaks down. The direction and tone of where we can go with this trade war or no trade war…is being driven by the U.S.," he said. "We think the fundamentals remain intact for emerging markets in Asia and for emerging markets as a whole," said Donisanu, adding Wells views emerging markets more favorably as valuations have declined. "Instead, we see recent RMB weakness as a reversal of excess strength, with perhaps a side-signal that recent trade tensions are unwelcome."
as informed in The world's second largest economy rapid decline from a trade war could impact all the countries that trade with it. Donisanu said while the Chinese stock market has been losing ground because of trade war fears, the canary in the coal mine for a trade war that slams global growth would come if the U.S. stock market breaks down. The direction and tone of where we can go with this trade war or no trade war…is being driven by the U.S.," he said. "We think the fundamentals remain intact for emerging markets in Asia and for emerging markets as a whole," said Donisanu, adding Wells views emerging markets more favorably as valuations have declined. "Instead, we see recent RMB weakness as a reversal of excess strength, with perhaps a side-signal that recent trade tensions are unwelcome."
Trump's trade fights have cost the stock market trillions and raised volatility
For a president who has otherwise been extremely friendly to business and stocks, new research by CNBC shows Mr. Trump's trade policies have cost markets trillions of dollars and created head-spinning volatility. CNBC found fully a third of these moves, or 12 days, were substantially linked to news about trade. On seven of the 12 days, negative trade developments sent the Dow lower by an average of 1.7 percent and cost investors a cumulative $700 billion in market capitalization. On the same days that the Dow dropped 1 percent on trade news, the S&P 500 fell a cumulative $2.2 trillion. The research shows the companies taking the biggest hits from negative trade news are household-name stocks deeply involved in world trade: Caterpillar, Boeing, 3M and DowDupont.Simply Money: What to remind yourself when the stock market is stressing you out.
as declared in Simply Money: What to remind yourself when the stock market is stressing you out. providedAnswer: While everyone would like to know the exact bottoms and tops of the stock market, it's not possible. And try this, too: constantly remind yourself that just like America, the stock market is resilient. At Simply Money Advisors, we like the idea of having some tax-free money available in retirement. The Simply Money Point is that a backdoor Roth IRA can be an option if you make too much money to contribute to a Roth IRA the "normal" way.The stock market has room to run and recession isn't a near-term risk: Berenberg
There's still room for stock markets to rise and worries of an impending recession are premature, according to Berenberg Capital Markets' chief economist. "Even if profits peaked in (the first quarter of) 2018, which remains uncertain, history suggests the stock market has room to appreciate," Mickey Levy, Berenberg's chief Americas and Asia economist, said in a client note this week. And despite the yield curve being fairly flat, Berenberg estimates "a very low probability of recession" thanks to the broad-based momentum of current economic growth. It's the greatest asset inflation bubble we have seen in 20 years." Meanwhile, investing titan Mark Mobius recently predicted an impending correction of up to 30 percent, while billionaire investor Jim Mellon of Burnbrae Group similarly forecast a significant correction.
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