Advertisement
Canada markets closed
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7321
    +0.0020 (+0.28%)
     
  • CRUDE OIL

    83.40
    +1.50 (+1.83%)
     
  • Bitcoin CAD

    90,644.12
    -212.41 (-0.23%)
     
  • CMC Crypto 200

    1,426.91
    +12.15 (+0.86%)
     
  • GOLD FUTURES

    2,335.70
    -10.70 (-0.46%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • NASDAQ futures

    17,656.50
    +306.50 (+1.77%)
     
  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6836
    -0.0014 (-0.20%)
     

How Markets Went from ‘Trump Trade’ to ‘Trade War Trade’

How Markets Went from ‘Trump Trade’ to ‘Trade War Trade’

When Donald Trump was elected as the US President in 2016, we saw a sharp rally in some stocks, especially in the metals and mining space. Trump’s pro-growth policies and trillion-dollar infrastructure plans were expected to lift US metal consumption.