Stocks plunge as trade fears resurface – five experts weigh in on what to watch [CNBC]
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Stocks plunge as trade fears resurface – five experts weigh in on what to watch VIDEO 6:23 06:23 Stocks drop as trade war heats up — What five experts say to do Stocks are plummeting on Thursday as trade fears wash over Wall Street again. Those losses put the Dow Jones Industrial Average Five experts reveal what they're watching. Jay Jacobs, head of research and strategy at Global X Funds, says the damage to the economy is getting harder to bounce back from. "This is a pretty aggressive escalation that's going to be harder and harder to walk back. Yes, it does create more of an incentive to create a deal, but at the same time, we see both sides really digging their heels in. The longer this goes on the more companies have to reorient their supply chains and sales processes, so it's going to be harder to unwind … I would say health-care stocks are pretty low exposed, a lot of domestic energy stocks that are benefiting from increased oil output are not as exposed to this. So there are
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