Trade tensions are increasing. Higher tariffs are instituted by the U.S. China is responding very quickly to the added tariffs.
We are already close to the end of the economic expansion. Absent a change in US policy, this appears to be the beginning of a trade war. Unfortunately, any trade war is likely to have a negative effect on the economy, possibly resulting in a recession as early as next year, 2019.
In addition, oil prices are going up. These price increases can have a further negative effect on economic growth.
There can be a one-two punch for the economy – a trade war and higher oil prices. Tariffs raise prices of imported materials, and higher oil prices further raise costs.
Investors would be wise to trade into a more conservative stance, by rebalancing their portfolio.
If you have a investor claim which requires securities arbitration, please feel free to contact
Attorney Robert M. Singer
2572 Whitney Avenue
Hamden, CT 06518
serving New Haven County and all of Connecticut