BABA Stock: Battered but Long-Term Bull Story is Intact
Based on the current market action, it seems like a wrecking ball has battered the Chinese stock market while domestic indices trade at record levels.
Perhaps President Donald Trump's trade tactics are working if the goal is to take down China, but the outcome is far from over, and China President Xi Jinping has yet to beg for mercy.
The stage does appear to be set for a further deepening trade escalation on news that Trump is seriously considering placing a 25% tariff on another $267.0 million of Chinese imports, and perhaps eventually putting tariffs on all Chinese imports.
So, while Trump's base may be rejoicing,.
Den vollständigen Artikel lesen ...
Based on the current market action, it seems like a wrecking ball has battered the Chinese stock market while domestic indices trade at record levels.
Perhaps President Donald Trump's trade tactics are working if the goal is to take down China, but the outcome is far from over, and China President Xi Jinping has yet to beg for mercy.
The stage does appear to be set for a further deepening trade escalation on news that Trump is seriously considering placing a 25% tariff on another $267.0 million of Chinese imports, and perhaps eventually putting tariffs on all Chinese imports.
So, while Trump's base may be rejoicing,.
Den vollständigen Artikel lesen ...