According to Kristina Hooper, the chief global market strategist at Invesco.
The risk of a recession in America’s economy has gone up because of the ratcheting up of the trade war.
On Thursday, Trump tweeted that he plans to impose a 10% tariff on the remaining US imports from China and US stocks plummeted on the tweet, a selloff that deepened on Friday.
Cash rushed into ultra-save government bonds, sending Treasury yields to multiyear lows.
Then on Saturday, 20 people were killed and more than two dozen were injured in a mass shooting in Texas and it was said that Trump’s anti-migrant rhetoric led to El Paso shooting, also 9 people were killed and 16 injured in another shooting in Dayton, Ohia today, but no single American asking President Donald Trump to resign or call for a revolution even Trump asked four Democratic congresswomen of colour to leave the States because they criticize his rhetoric and policies.
I wonder what would have happened if one of these congresswomen called for a revolution, without no doubt, the person would be charged with treason and terrorism.
There is no country in the world that doesn’t have contemporary social problems confronting them, we shouldn’t think that the situation in Nigeria is the worse, we should always think positively.