The long expected Trump trade war is beginning and the markets are barely containing their anxiety. Both the Dow Jones and the S&P 500 are down for the month. As we wrote our article about should you buy gold today, the S&P 500 had its worst 2nd quarter opening in 89 years. That was the year of the crash that ushered in the Great Depression.
The markets have continued trending upward despite seeming to be overpriced. That is because earnings keep increasing. But, what happens in a trade war is that earnings take a big hit. CNBC talks about a bear […]