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2019-02-13 14:40:24

Dow Triumphs But a Skeptical Harvard Professor Warns of a Market Collapse

On February 12, the Dow Jones surged by more than 500 points by 1.49 percent following optimistic forecasts on U.S.-China trade talks. The S&P 500, Nasdaq Composite, and Dow Jones all recorded strong gains in the past month, recovering by nearly 6 percent in a short time frame. However, Mark Wu, a Harvard Law School professor, said that a full comprehensive trade deal by March 1 is highly unlikely due to a wide range of variables that could affect ongoing trade discussions. Dow Jones Could Feel Market Shock if No Trade is Established The U.S. jobs growth is strong, household The post Dow Triumphs But a Skeptical Harvard Professor Warns of a Market Collapse appeared first on CCN