Guggenheim: Trade War Could Trigger Agonizing Stock Market Crash

2019-6-2 00:30

By CCN: A Wall Street legend warns that you should expect more pain in the stock market as President Donald Trump’s trade war with China rages on. Scott Minerd — the Global Chief Investment Officer and co-founder of Guggenheim Partners – says equities could suffer an even bigger sell-off this summer than they did in last year’s fourth quarter bloodbath.

Scott Minerd: End of Decade-Long Bull Market Is in Sight He told MarketWatch: “The trade tensions are likely to get a lot worse because we have never in modern times had a trade war like this. ” In a recent research

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