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First Trust Emerging Markets Small Cap AlphaDEX Fund
Pretty much anything that could go wrong, did go wrong on Monday.
We're barely two hours into the US cash session as I write this, so there's plenty of time for things to turn around, but a weekend's worth of recriminatory bombast from the Trump administration and a barrage of accusations emanating from state media in China dashed hopes that last week's abrupt escalation in the Sino-US trade dispute would prove fleeting.
China retaliated on Monday morning, warning that tariffs on some 2,500 US goods would be hiked to 25% from June 1. Around the