from The Great Debate:
Financial markets have plenty to be worried about but their latest concern -- a trade war between the United States and China -- should not be on the list.
from Financial Regulatory Forum:
By Chris Buckley
BEIJING, Sept 14 (Reuters) - A U.S. decision to impose special duties on Chinese tyres could open the door to a host of trade complaints against Chinese products, creating tensions as Western nations seek Beijing's support at a G20 meeting.
from Shop Talk:
Check out this cheerful forecast form Societe Generale.
The French bank's cross asset strategist, Albert Edwards, said the U.S. economy is likely to enter a depression. Oh, and look out for a global trade war with China.
For retailers reeling from the worst holiday season in four decades, the forecast cannot be welcome.
Edwards predicts the S&P 500 is set to fall another 40 percent from recent levels.
But there could be another problem looming, he wrote in a research note.