08-17-2018, 02:20 PM
There is one possible side effect from Trump's trade wars and tariffs he started up this year. And it is a positive one too (IMO).
First this isn't a Trump defending thread. This is purely about his trade and tariff policies and how it could effect the end of our booming bull economy.
Link is below, but the renowned investor Jeremy Grantham predicted the last two major bubble bursts of the dotcom and housing markets. So this January, he was quite sure this 9 year run of the bull market that is constantly going up causing a bubble will crash hard at some point. However he changed his mind once Trump started the tariffs and trade wars due the speculation it has injected into the market. Instead he said the market wont crash with a bang, like a possible 50% crash, but instead will probably now do so over a longer period of time in increments as a whimper. Of course nothing is ever certain, but he does seem to know what he is talking about.
Anyways it was an interesting read for those interested in the economy and how Trumps tariffs and trade tactics can effect it in the longer term.
https://www.msn.com/en-us/money/savingandinvesting/the-legendary-investor-who-predicted-the-past-2-bubbles-breaks-down-how-the-9-year-bull-market-will-end/ar-BBLZVme?li=BBnb7Kz
First this isn't a Trump defending thread. This is purely about his trade and tariff policies and how it could effect the end of our booming bull economy.
Link is below, but the renowned investor Jeremy Grantham predicted the last two major bubble bursts of the dotcom and housing markets. So this January, he was quite sure this 9 year run of the bull market that is constantly going up causing a bubble will crash hard at some point. However he changed his mind once Trump started the tariffs and trade wars due the speculation it has injected into the market. Instead he said the market wont crash with a bang, like a possible 50% crash, but instead will probably now do so over a longer period of time in increments as a whimper. Of course nothing is ever certain, but he does seem to know what he is talking about.
Anyways it was an interesting read for those interested in the economy and how Trumps tariffs and trade tactics can effect it in the longer term.
https://www.msn.com/en-us/money/savingandinvesting/the-legendary-investor-who-predicted-the-past-2-bubbles-breaks-down-how-the-9-year-bull-market-will-end/ar-BBLZVme?li=BBnb7Kz
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