Property News · April 24, 2018

Trump, trade wars, and implications for the property markets


Donald Trump’s election as America’s 45th president initially sent shock waves across global financial markets. The immediate impact was a sharp sell-off. As soon as the news hit the wire, S&P 500 futures plunged by nearly 5 per cent. Stock indices across Europe and Asia tumbled, finishing the day firmly lower. Many wondered if Trump’s victory would be the black swan event that would ultimately trigger a global meltdown. And then, less than 24 hours later, the global rally…

Source : South China Morning Post
Read more…Trump, trade wars, and implications for the property markets

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