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Trump ‘flip-flops’ so much over China and trade it’s hard to pick stocks, economist says

“President Donald Trump “flip-flops” so much on his stance over trade and tariffs with China that it’s difficult to know what stocks to buy and avoid, an economist told CNBC ahead of the next round of Sino-U.S. trade talks aimed at averting a trade war” writes Holly Ellyatt for cnbc.com. “So it’s very difficult to buy and sell anything when the flip-flops are so prominent,” Freris added, although he suggested avoiding tech stocks, which could be the worst hit if a trade war and tariffs between China and the U.S. are followed-through. “I’d prefer to look at the overall macro (picture) and the pricing of stocks rather than anything else,” he said.
 
Source: cnbc.com



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