Invest in this country as the biggest beneficiary from the U.S.-China trade dispute [MarketWatch]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: MarketWatch
Opinion: Invest in this country as the biggest beneficiary from the U.S.-China trade dispute Many analysts, myself included, thought there would be a quick resolution to the U.S.-China trade dispute because this was so clearly the right move for both countries. Boy, were we wrong! Despite the trade-war damage to both sides — in the form of slower economic growth and a pullback in all-important business investment in the U.S. — it now looks like the trade dispute will drag out. One big reason: China likes to play the long game. Policy officials think they might see a more amenable president after the 2020 elections who could be easier to deal with than President Donald Trump. Companies, too, are concluding this is going to be a drawn-out affair. So they’re moving supply chains out of China. This is bad for China. But there’s a good angle here for investors. The economies of other emerging market countries where companies are going are getting pumped. So their stock markets will probabl
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