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Outlook 2020: It’s All About the Trade War
China’s trading relationship with the US still hangs on a knife edge. It’s safe to assume Trump will employ tactics that increase his chances of being reelected president. If that means escalation, expect stock markets losses in Asia.
Among the (known) variables driving investor forecasts for 2020, the US-China trade war is number-one. Nothing else comes close. Will it be resolved? Will it escalate? Will it simply drag on like a bad soap opera?
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