Home » General World News » GOLDMAN SACHS: Staying away from these 20 stocks could help you avoid the pain of Trump’s trade war with China and interest-rate hike

GOLDMAN SACHS: Staying away from these 20 stocks could help you avoid the pain of Trump’s trade war with China and interest-rate hike





trump xi china

Fears over escalating trade tensions with China and rising US interest rates helped trigger a brutal stock-market sell-off that caused the S&P 500 to lose as much as 7% in October, and both of those issues are showing no sign of slowing down.

President Donald Trump on Wednesday took his latest shot at China, announcing that he is seeking to pull the US out of the Universal Postal Union, which allows Chinese producers to ship items to the US at significantly low rates even compared to some US domestic shipping rates.

Meanwhile, the Federal Reserve’s minutes from its September read more >>>

Source:: BusinessInsider.Com

Comments are closed.