Former Federal Reserve Governor William Dudley has called on the Federal Reserve to resist US President President Trump.
He said, "Central Bank representatives have a choice: to help the Trump administration continue its disastrous path of escalation in the trade war - or to send the clear signal that if the government does so, the president and not the Fed will bear the risks, including the risk of defeat at the next election. "
Companies ask themselves the following questions:
Where are the next duties on the agenda the day after tomorrow?
Can investments be justified against this background in the USA?
How safe are my supply chains? How safe are my sales markets at a production location USA?
Which country or company will be sanctioned tomorrow?
All questions and answers no matter how they turn out to be leading indicators for the stock exchanges Worldwide Negative, will we again experience the disaster of 2000 when the markets collapsed? The shares were partly in free fall?