Stocks swing on trade war fears—Cooperman and other experts on what they're watching [CNBC]
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Source: CNBC
Stocks swing on trade war fears—Cooperman and other experts on what they're watching show chapters Stocks whipsaw on trade war worries — Here's what five experts say investors should watch now 1 Hour Ago | 02:23 Is it all talk? Experts are split on what appeared to be an escalation Liu He's visit scheduled uptick But after U.S. stocks managed to end each trading day above their Donald Trump's Here's what five experts, including renowned investors the conflict David Rosenberg, chief economist at Canadian wealth management firm Gluskin Sheff, was one of the more bearish voices: "China will pay and consumers and businesses in the U.S. will pay. It'll be mutually shared pain. I think that if we go this route and you do the bean count in terms of the U.S. putting on the tariffs [and] China retaliating, you could probably shave about a half a percentage point off U.S. GDP growth. It's probably more like one-and-a-half points in China. And you trace this through what it means for earnings,
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