Trade Wars are easy to win - the ongoing saga

RNG

Moderator
Jan 2015
13,085
8,866
Left coast
#1
Contrary to the beliefs of many Trump supporters who were insisting that China would fare worse than the US and thus need to settle this, it ain't so.

Chinese stocks are outperforming U.S. markets






Data: FactSet; Chart: Chris Canipe/Axios
In a reverse of expectations of how each country would fare in a growing trade war, China's market has significantly outperformed the U.S. benchmark.

Chinese stocks are outperforming U.S. markets
 
Likes: Friday13

Blueneck

Former Staff
Jun 2007
51,987
37,633
Ohio
#2
I wish someone would tell us what the goal of this thing is. All I've heard is "intellectual property" so I'm assuming we're going to wreck the whole damn economy so outsourcers don't have to worry about their ideas being stolen.
 
Likes: Friday13
Jan 2016
41,546
37,314
Colorado
#3
Contrary to the beliefs of many Trump supporters who were insisting that China would fare worse than the US and thus need to settle this, it ain't so.

Chinese stocks are outperforming U.S. markets






Data: FactSet; Chart: Chris Canipe/Axios
In a reverse of expectations of how each country would fare in a growing trade war, China's market has significantly outperformed the U.S. benchmark.

Chinese stocks are outperforming U.S. markets
Well, in truth, NEITHER the Chinese nor the American stock markets have done well this past year, and your graph shows that for the past several months at least. Which simply goes to show that trade wars are profoundly negative-sum, lose-lose games, which damage BOTH parties, or ALL parties, if more than two nations are involved.
 
Aug 2018
903
1,401
Vancouver
#4
Well, in truth, NEITHER the Chinese nor the American stock markets have done well this past year, and your graph shows that for the past several months at least. Which simply goes to show that trade wars are profoundly negative-sum, lose-lose games, which damage BOTH parties, or ALL parties, if more than two nations are involved.
Oh I can assure you that more than two nations are involved.
 

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