Thursday, May 30, 2019

The Stock Market Is Sending a Message to Trump: This Is the Wrong Kind of Tech War

The Stock Market Is Sending a Message to Trump: This Is the Wrong Kind of Tech War
EXCERPT: As things stand, America is likely to lose the tech war with China. The stock market should be sending a message to President Trump. US semiconductor stocks are down 20% in the past month, and the broad market has been in freefall for a week. This is a war we can win, by mobilizing American ingenuity to produce technology that will crush the competition. No-one ever one a war by trying to stop someone else from doing something. I'm an Always Trumper, and I want the president to win another term. But he's risking the US economy and his re-election chances on a poorly-conceived offensive.

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