Stock market forgoes $5 trillion
U.S. stock market forgoes $5 trillion in returns thanks to trade war, estimates Deutsche Bank
By William Watts
Published: May 31, 2019 4:50 p.m. ET
The U.S. stock market has left $5 trillion on the table as trade tensions over the past 17 months contributed to an effectively sideways trade, Deutsche Bank estimated on Friday.
“While other factors also arguably played a role, the trade war has been key in preventing a recovery in global growth and keeping U.S. equities range bound. Foregone U.S. equity returns from price appreciation for 17 months are worth $5 trillion,” wrote Binky Chadha, the bank’s chief strategist, in a Friday note, based on an price appreciation at an annual rate 12.5%
<more>
https://www.marketwatch.com/story/trade-wars-cost-us-stock-market-5-trillion-so-far-estimates-deutsche-bank-2019-05-31
= new reply since forum marked as read
what's it going to cost everyday U.S. citizens due to cost of goods inflation?....
Trumpflation is going to cost us dearly.... .....I've already noticed the price of some Chinese-made goods go up substantially, such as lithium-ion batteries.
Would also be instructional to know what it will cost the citizens of other nations, as well as job losses around the globe.
