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$100 Invested In This Stock 20 Years Ago Would Be Worth $1,400 Today
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Blackrock (BLK.US) Co-founder: Trump's tariffs pose a threat to the stock market.
BlackRock (BLK.US) co-founder Ralph Schlosstein said that if Donald Trump is elected as the president of the United States, it will pose a risk to the US stock market. However, he believes that the possibility of an economic recession next year is small. As long as the economy and corporate profits remain in good shape, the US stock market will continue to rise, and the Fed's first interest rate cut will also stimulate the stock market. He mentioned that Trump has proposed a 10% tariff on imports from other countries and a tariff of up to 100% on Chinese goods, which may push up inflation and hit the stock market, although the Fed
Express News | Blackrock Debt Strategies Fund Inc. once again increased its capital and invested in the China market.
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