Stock market turmoil due to Trump's trade spat with Canada
President Donald Trump's trade spat with Canada causes stock market turmoil and uncertainty among traders, as his policies and tariffs cast a shadow over the economy.
Key Points
- Trump's trade policies causing market volatility.
- Traders seeking safe havens like short-term Treasuries and stable stocks.
- Economy holding up despite business and consumer confidence being affected.
Pros
- Market volatility can present opportunities for savvy investors.
- Traders are seeking havens like short-term Treasuries and stable stocks during uncertain times.
Cons
- Uncertainty and confusion among traders due to constant policy changes and tariff shifts.
- Potential downside risk of 20% looming in the market.