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A China-US trade war would wipe 20% off the S&P 500


AlaElaAlaEla

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Assuming virtually all trade between U.S.-China is affected by tariffs and other protectionist policies, the Swiss bank calculated that profits for S&P firms would take a 14.6 percent hit.

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9 minutes ago, AlaElaAlaEla said:

Assuming virtually all trade between U.S.-China is affected by tariffs and other protectionist policies, the Swiss bank calculated that profits for S&P firms would take a 14.6 percent hit.

Manchidi 

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