U.S. Stocks Dumped As Traders Steel Themselves For Trade War
- 6 years ago
Large-cap U.S. stocks were dumped this week.
Investors rushed into government bonds and other safer assets.
The outflow's in response to fears of an international trade war.
President Trump's plans for steel and aluminum tariffs went over like a lead balloon with trade alliances.
Trump's marked shift toward protectionism led to $10.3 billion flowing out of U.S. equity funds.
Investors rushed into government bonds and other safer assets.
The outflow's in response to fears of an international trade war.
President Trump's plans for steel and aluminum tariffs went over like a lead balloon with trade alliances.
Trump's marked shift toward protectionism led to $10.3 billion flowing out of U.S. equity funds.