The stock market is rallying as trade tensions between the United States and China appear to be abating. But some are concerned about the possibility of a trade war.
“It’s a dangerous game in terms of how some of these tariffs could escalate. Our concern is that essentially both sides need a win-win situation to de-escalate things and come to some sort of agreement. That’s a difficult goal to achieve,” said Phillip Nelson, a partner and director of asset allocation at NEPC, an institutional consulting firm.
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