Tag: trade war escalation

Trump doesn't seem likely to back down on trade. However, economists believe the Fed shouldn't bear the consequences of the trade war.

As the next round of tariffs on US and Chinese goods approaches on September 1, the pressure is mounting on Fed Chairman Jerome Powell to cut rates again.

Tech and semiconductor stocks have significant exposure to China during this trade war. Investors should expect these stocks to trade lower on Monday.

Goldman Sachs (GS) has cut its Q4 growth forecast by 20 basis points. It now foresees the trade war impacting growth more than it previously forecast.

Today, bond yields are sinking and stock markets are tanking as markets become fearful of an upcoming recession.