JPMORGAN: America’s small businesses risk running out of money as the trade war rages on — and investors appear blind to the mounting pressure

• If the US-China trade war enters a more dangerous phase, small businesses are much more vulnerable than larger firms in terms of losing their cash flow, according to JPMorgan strategists.
• However, investors are underestimating the risks of an escalated trade war to businesses both big and small.

Source: JPMORGAN: America’s small businesses risk running out of money as the trade war rages on — and investors appear blind to the mounting pressure