J&K 16: Understanding the long-term effects of a protracted trade war with China

On this episode Jake Rivas and Kirk Barbera discuss a Bloomberg.com article “U.S. Stocks Plunge Most in 2019 on Trade Tension.” Now that investors are beginning to grasp the potential for a long-term trade conflict, they are shifting their investments to haven investments (gold, cryptocurrency.) Meanwhile, China is (supposedly) lowering their own currency. Jake explains all of this and how it affects you. Tune in!
Bloomberg Article:
https://www.bloomberg.com/news/articles/2019-08-04/asia-stocks-set-to-drop-with-trade-back-in-focus-markets-wrap?srnd=premium
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