Equities bear the brunt of the trade war

Equities bear the brunt of the trade war

By Blu Putnam, Chief Economist, CME Group

Highlights

  • Protracted trade war impacting the equity market more than the economy
  • Corporate sector absorbing tariffs in trade war to protect market share
  • Companies unable to pass tariffs onto consumers due to stiff online competition
  • No recession in sight as consumer spending continues to support economy
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