Thursday, March 28, 2019

Dow Risks Massive Decline as Trump Adviser Exposes Trade Deal Turmoil

By CCN.com: On Thursday, White House economic advisor Larry Kudlow made the alarming revelation that the U.S. could extend trade talks with China by weeks or even months, which could intensify geopolitical risks in the global economy and fuel the weakening momentum of the Dow Jones. Since its opening, within a three-hour span, the Dow has fallen by nearly 100 points from 25,610, struggling to recover beyond the key 26,000 level. Trump Adviser Kudlow: Trade Deal Could Take ‘Months’ In recent weeks, several analysts have said that the progress in the U.S.-China trade deal is mostly priced into the U.S.

The post Dow Risks Massive Decline as Trump Adviser Exposes Trade Deal Turmoil appeared first on CCN



source https://www.ccn.com/dow-risks-massive-decline-as-trump-adviser-exposes-trade-deal-turmoil

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