Excerpt from ETF Trends quoting DataTrek’s Nick Colas:
…. “The threat of an escalating trade war has chilled US business confidence, with managers uncertain as to if/how they should restructure global supply chains,” wrote Nicholas Colas, co-founder of DataTrek Research.
“The most bullish case here is that the tariff issue will be settled in Q1 2019, and a meaningful resolution should be enough to trigger a first half rally for stocks,” Colas added. “Against that optimistic take are two bearish outcomes: one, that these negotiations take longer and two, that they fail outright”….
Read the full article here on ETF Trends!