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Trump Trade Stuck in Mid-Winter as Volatile President Sends Mixed Signals

John Pickering

of this world - some of the better performers on the Nasdaq - make products and operate in markets that they dominate, whether domestically or abroad. Marko Kolanovic, a strategist at J.P. Morgan, in a note published on Wednesday, has one explanation that seems plausible, considering the volatile nature of some of the reports that have been coming from Washington on trade issues. In short, Kolanovic is saying that if President Trump hadn't decided to launch trade wars on U.S. allies including Canada and the European Union countries and major trade partners such as Mexico and Japan, investors would be holding stock that's worth $1.25 trillion more than it is.