US markets don't look convinced atm...
Maybe it's because the trade wars/tariffs never really mattered to begin with..
Trump's tax cuts far outweighed any trade tariff tax anyways.
Global growth is slowing rapidly and so are profits.
When profits decline, share prices decline.
When share prices decline market indexes decline.
A bear market is the reality unless the Fed starts quantitative easing in a meaningful way and lowers interest rates to near on zero.
Short Term Trading Week Starting: 3 December 2018, page-16
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Change
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| XAO (ASX) Chart |
