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What a difference a week makes – all the optimism and earnings momentum of the first few trading days of May went up in smoke (along with something like half a trillion dollars in share value) after the administration threatened via Twitter to slap 25% tariffs on $200 billion worth of Chinese goods starting this Friday.
Maybe the tweet was a calculated stratagem; maybe it's a fit of pique – it doesn't matter. We're about 2% off recent record highs – what was a rocket-ride launch pad on Friday is "back to square one" today.
Now, I wouldn't blame you a bit for being frustrated or even fed up with a situation where a tweet can knock double digits off your profits a mere 72 hours after a near-record close.
But as you're going to see in this FOX Business Network interview with D.R. Barton, Jr., there's some serious profit potential in this situation – not just now, but into the summer.
He's going to name some entire sectors that are going to clean up, thanks to billions poised to come off the sidelines all around the world. And that money won't be going to China…