This is the FXI – a basket of big Chinese stocks. This is a 1 year chart. Can you see when Trump started putting tariffs on China? 8-)
“Down you got me goin’ goin’ round you got me goin’…”
Any guess how long before the Chinese Central Committee discovers their portfolio isn’t worth so much anymore?
THAT is the leverage Trump has over the Chinese. Without our $1/2 Trillion / year of trade deficit, China has a Huuuuge problem ;-)