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Strategies & Market Trends : Charts for Breakout II
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To: Julius Wong who wrote (7505)5/13/2019 11:59:02 AM
From: Rarebird   of 8531
 
When the trade war first broke out in February 2018, the Russell 2000 outperformed SPY by a nice margin. It is underperforming now because these new tariffs are going to hit the consumer and businesses are going to wait for a resolution before they invest. That is to say, if this trade war continues, there is a good chance SPX hits 2600 at a minimum and a recession results next year.
Trump is being boxed into a corner. Some think there is a Trump put. That's a dangerous proposition to base investment decisions on.
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