The main problem/tension is global trade war between USA and...

The main problem/tension is global trade war between USA and China. TMT has great fundamentals and one of the best vanadium deposit.

However as the U.S. economy continues to grow and the bull market in stocks charges on, investors apparently are underestimating the negative impacts that a trade war between the U.S. and China may unleash.

"In the case of the escalating trade tensions between the U.S. and China, while financial markets still appear to be discounting the global impact of a trade war, our analysis shows that if/when the market does react, the effects will be widespread," writes Ian Hissey, vice president in FactSet's portfolio analytics group, in a report quoted by CNBC.

In FactSet's worst-case scenario, economic growth and stock prices would plunge worldwide, with U.S. stocks suffering a bear market decline of nearly 22%.

Stocks initially jumped in daily trading on Wednesday on news reports that the U.S. has reached out to China for a new round of trade talks before the Trump administration imposes new tariffs on Chinese goods.

President Trump has vowed to smash what he sees as unfair China trade barriers. Both sides remain far apart on key issues. USA used to be defender of globalization, but now against it.

Two elephants in the kitchen.

However this trade war has no substance, it is dirty political game, show off, satisfying their power hunger. I strongly believe the current situation will rapidly change.