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June 19, 2018 | Manic Stock Market May Find its Bear Market Excuse in Trade Wars

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

Why are stocks selling off? Massive over-valuation, complacency, years of reckless financial gimmicks by corporations, and the fact that no price expansion cycle can last forever.  The more prices have been juiced up the harder the contraction that follows.  President Trump foolishly took undue credit for the market rally from his election into January, he will now try to distance himself from the bear market.  Good luck.  Classic stuff.

Jim Mellon, Chairman of the Burnbrae Group, talks international trade and the impact of a possible trade war.Here is a direct video link.

Jim Mellon talks the possibility of a trade war from CNBC.

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June 19th, 2018

Posted In: Juggling Dynamite

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