It’s not only the US market just being down, but the trade war will be extended. Read about it in the AFR and other US newspapers. This is why the market fell in the US towards the close.
Since then, they are expecting the trade war to extend for a year and the “Don” say’s he is no longer worried about losing the elections in 2020, at the cost of the trade war.
We could be in an extended downward trend, unless something changes next week.
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