By CCN: President Trump has at least one renowned economist in his corner. Mohamed El-Erian is placing Donald Trump in the same category as America’s beloved Ronald Reagan. In an interview with CNBC, El-Erian, who is among the more open-minded economists out there, approached the trade war from a different vantage point. He said that China stands to lose the most in the trade war ignited by Donald Trump and Xi Jinping. Consider the S&P 500, which is miraculously unchanged over the last politically tumultuous month while emerging market stocks have tanked. Clearly, the trade war is an extremely fluid
The post Famous Economist: Trade War Could Be Trump’s Shining Reagan Moment appeared first on CCN
source https://www.ccn.com/famous-economist-trade-war-could-be-trumps-shining-reagan-moment
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