Will Trade War 2.0 Disrupt Markets This Week?
US markets (VOO) were surprisingly resilient for the week ending June 1 despite increased political uncertainty, Italy’s political drama, and renewed anxiety about trade tensions. US equity markets had a positive close in May. Tech and small caps leading the charge and this week’s price action will likely depend on how markets react to renewed trade tensions. Last week, the Trump Administration slapped tariffs on Europe, Canada, and China.