401(k)s could be a casualty of Trump’s trade war: Stephen Gandel
What if trade wars cause a sustained drop in the investments that make up most of our retirement savings?
About 40 percent of the sales of the companies in the S&P 500, but an estimated 60 percent of the sales growth, come from overseas — if a trade war chokes that off, it’s hard to see how stocks stay at current heights.
(Bloomberg Opinion) –Donald Trump’s brewing trade war could have another collateral victim: Americans’
The second quarter officially ended on Friday. By next week, large U.S. companies will start reporting how they did during the period. Most analysts think those reports will be rosy.
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