Originally published on June 4, 2019
By Stephen H. Dover, CFA, Executive Vice President, Head of Equities
After ratcheting up trade tensions with China, the Trump administration has threatened tariffs on Mexico over illegal US border crossings. Our Head of Equities, Stephen Dover, explains why he thinks US-led trade tensions on both fronts are likely to drag out and gives his take on the potential impact on markets.
It has been said that economic expansions don't die of old age - they get murdered, usually by inflation or by the US Federal Reserve's attempt to