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Michael Patton Advising: U.S.–China Trade War: Who Pays the Price?

Wednesday, June 5, 2019 @ 12:06 AM

Posted by exploreClarion

Michael Patton - newCLARION, Pa. (EYT) – Michael Patton, of Patton Financial Advising, submitted the following article on U.S.–China Trade War: Who Pays the Price?

On May 13, 2019, escalating trade tensions between the United States and China sparked a worldwide stock sell-off that wiped out more than $1 trillion in global equity values.(1) The markets recovered over the next three days, but tensions between the economic giants continued to drive volatility with no resolution in sight.(2) Investors sometimes overreact to short-term events, but the conflict with China has been simmering for decades, and an extended trade war could have long-term economic consequences.

Read the full article here.

Patton Financial Advising
51 1/2 N. 4th Avenue
Clarion, PA 16214
814-226-9400

470 Broad Street
New Bethlehem, PA 16242
814-275-2300

Toll-free 1-877-547-2751

Visit website: www.pattonadvising.com

Securities offered through Cetera Financial Specialists LLC, member FINRA/SIPC. Advisory services offered through Cetera Investment Advisers LLC. Cetera entities are under separate ownership from any other entity.


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