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NOTHING IS PERMANENT EXCEPT CHANGE

Trump has cost the stock market an estimated $1 trillion in value with tough trade talk

  • J.P. Morgan's Marko Kolanovic estimates that President Trump's tough talk on trade has destroyed $1.25 trillion in market value since March.
  • Trump has for months used his pulpit and economic tariffs to try to effect change in trade deals the administration deems unfair.
  • "If this uncertainty hangs over the market for a more extended period of time, the damage becomes more permanent," the strategist concluded.

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