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by Afforess
2314 days ago
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The trump trade policies (specifically, the China tariffs) have reduced the exposure of many US firms to Chinese goods. A lot of factories shifted to Vietnam and other SE Asian countries. Europe is already showing early red flags in their stock indexes, due to their closer ties to China. If COVID-19 spreads further throughout SE Asia unchecked, expect the SP500 to catch up with reality in a hurry. |
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