Trump’s trade war has cost investors up to US$7 trillion – The Star Online

Trump’s trade war has cost investors up to US$7 trillion  The Star Online

IF YOU thought President Donald Trump’s golf outings were expensive, wait until you see how much his trade war could cost investors and most likely already has. A double dose of troubling trade news late last week sent stocks sliding on Friday. That brought the drop for the month to 6.6%, making it the worst May for the market since 2010 and the third worst if you go all the way back to early 1950s. And that’s saying a lot. May is, after all, according to the traders’ adage, the month where investors are supposed to go, and stay, away. In the larger picture of the market of the Trump presid…

Source: Business News Feed