NEW YORK - President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out US$4 trillion (S$5.3 trillion) from the S&P 500’s peak last month, when Wall Street was cheering much of Mr Trump’s agenda.
So far the most ultra rich have been seeing their wealth evaporatie as most of their wealth is ties to their ranking companies, so for the moment I’m applauding it