Investors Agree With Trump: The U.S. Will ‘Win’ Any Trade War
- ‘Clear’ that the market views America as relative winner
- Internationally focused equities still suffer in spat
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Trade wars are good and easy to win -- even if the victory is only Pyrrhic.
That’s the early view from financial markets as the tariff dust-up between China and the U.S. shows increasing signs of impacting stock prices. While broad measures of American equities have held up better than their Chinese counterparts, striation within the U.S. market shows investors anticipate steep losses in some stalwart names.