Photo credit: 123RF/Jenny Lipets Alibaba postponed their Hong Kong listing. USA farmers are struggling badly because they are losing a huge customer (China). Companies have to raise prices to defray higher raw material costs. The Hong Kong and China stock market took beatings. Investors lost money. All these happened because of the trade war between…
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These are two interesting articles which happened to be from the same source, Zerohedge. http://www.zerohedge.com/news/2017-11-15/moment-gary-cohn-realized-his-entire-economic-policy-disaster http://www.zerohedge.com/news/2017-11-14/its-turkey-market In short, former Goldman COO Gary Cohn who is the White House Economic Council director expected business leaders to start reinvesting in their business operations after tax reform. The tax reform reduces corporate taxes thus freeing up more capital…
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