Biden is going to announce new tariffs on Chinese EV, Solar panels etc etc. next Tuesday. Is it going to be another trade war between US and China? Or just another political gestures…
Biden need to do something about to China now before the election but seems like, lacking imagination. It’s just another copy version what Trump did 5 years ago.
What would Apple, Tesla and other US companies do with possible new trade war with China? It’s not the same economic environment now and 5 years ago.
Is it another USA’s anxious foolish move? Let’s wait and see…
US stock market was up a bit today.
DJ index was up 0.3%, S&P 500 index was up 0.2%, and NASDAQ index was downed by 0.03%.
As of today, 459 S&P listed companies reported their earning numbers so far. 77% of them were beat the market estimates, meaning, US companies did OK.
Apple was downed by 0.7%, Amazon was downed by 1.1%, Tesla was downed by 2.0%. But MS was up 0.6% today.
What do you think about recent Apple’s move? Have you seen their iPad Pro commercials? Apple is not the same Apple…
