‘Eerily similar’: A Wall Street chief equity strategist explains why Trump’s shocking trade U-turn is the perfect trigger for another stock plunge

  • The US’s unexpected threat to impose additional tariffs on Chinese goods sent global stocks tumbling on Monday.
  • According to Lori Calvasina, the head of US equity strategy at RBC Capital Markets, valuation and investor sentiment had made the rally vulnerable even before President Donald Trump tweeted.

Source: ‘Eerily similar’: A Wall Street chief equity strategist explains why Trump’s shocking trade U-turn is the perfect trigger for another stock plunge

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