While the U.S. and China throw new punches at each other in the protracted trade war, the markets may eventually find a steady footing once the two sides eventually hash out their differences.
“I am, like most economists, a free trader. I do not think that when you trade, one country wins and one country loses,” Dr. Burton Malkiel, Princeton Economist, said. “International trade is a win-win.”
“I am particularly not happy about us getting into a trade war with China,” he added.
Dr. Malkiel noted that this tit-for-tat trade war may just be an elaborate political move or negotiating tactic that could eventually get us a better deal with China when all things are settled.
“I certainly hope that will be the case,” Dr. Malkiel said.
Furthermore, Dr. Malkiel argued that President Donald Trump is closely watching the markets, which he often remarks upon when he points out that U.S. equities are pushing to new highs under his administration. Consequently, it is also in his best interest to keep the U.S. markets moving higher into 2020, an election year that could determine whether or not Trump will remain in office for another term.
In two one of this five-part miniseries below, Princeton Economist, Dr. Burton Malkiel, discusses why and how to access a once-in-a-lifetime growth opportunity in Emerging Markets. For more information on these topics, please visit http://www.EMQQetf.com.
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This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results.
This information should not be relied upon by the reader as research or investment advice regarding the fund or any stock in particular. The opinions expressed may not be representative of experiences of other investors.
Investing involves risk, including the possible loss of principal. Investments in smaller and mid-sized companies typically exhibit higher volatility. The fund is non-diversified. International investing may involve risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Frontier markets generally have less developed capital markets than traditional emerging market countries, and, consequently, the risks of investing in foreign securities are magnified in such countries. These countries are subject to potentially significant political, social and economic instability, which could materially and adversely affect the companies in which the Fund may invest. The Fund invests in the securities of Internet Companies, including internet services companies and internet retailers, and is subject to risk that market or economic factors impacting technology companies and companies that rely heavily on technology advances could have a major effect on the value of the Fund’s investments.
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As of 08/22/19, EMQQ did not have any holding of Cisco.
