The stock market may be getting it wrong by rallying in the face of new US-Chinese tariffs

Alden said the administration has potentially boxed itself in by using a different strategy. With Europe, it held off implementation of tariffs allowing room for discussion. Another concern is that the U.S. team is now led by Treasury Secretary Steven Mnuchin, more dovish on trade than other administration officials. “They won’t think he can bring…

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The market is dealing with something it’s never seen before and that has Jamie Dimon worried

Hugh Son, CNBC Published 8:46 a.m. ET July 31, 2018 CLOSE JPMorgan Chase Chief Executive Officer Jamie Dimon said President Donald Trump’s administration’s efforts to cut taxes and deregulate are helping his bank make more money. Aleksandra Michalska reports. Video provided by Reuters Newslook Jamie Dimon. (Photo: JPMorgan Chase) Jamie Dimon, chairman and chief executive…

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