Ping!
My 401K is down about 8% in the last month or so.:-(
Also, couple this with Trump’s position to the International Postal Union that China has not been paying the true cost of shipping since the 1950’s when it was given “developing nation” postal rates. Hardly the case today, which means our USPS has been subsidizing their parcels.
China is a bit farther upstream than we are. Their recession started in Q3. We’ll get our turn in 2019. In 8-10 months those charts will be reversed.
More important is slowing growth in China as manufacturers move to countries to avoid tariffs, etc.
A growing economy can carry more debt than one that isn’t. And China has lots of debt.
Even with the new trends in Halloween - a new excuse to buy Chinese shit at dollar stores.
Possibly, but this seems to happen every October, so I’m not sure it can be attributed to the US - China Trade War.
This is not a good day for this article. US markets plummeting.
Ask the Fed why ours has dropped....china is in free fall..... +1 Trump!