TRADE TENSION AND ECONOMIC SLOWDOWN

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

203-248-8278

rsingerct@yahoo.com

serving New Haven County and all of Connecticut

 

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.