Over the last few weeks, the market has had to digest a ton of different risk factors. From high stock valuations to the midterm elections, stocks have been hit with a variety of worries. And with that, volatility has begun to rise. But with all of these risk factors now plaguing stocks, one stands out as king of them all. This factor far and away outranks them all and could have serious repercussions for investors over the near and long term.
We’re talking about the trade war with China.
What started out as just a war of rhetoric has exploded into a full battle of tariffs, taxes and other import duties. With neither side truly backing down, the ratcheting forward has started to seriously impact global economic growth and add a fresh risk to investors’ already mounting concerns.
All in all, the trade war with China continues to be the most serious issue on investors’ plates these days.
Learn more about Trump’s steel tariffs here.