CNBCさんのインスタグラム写真 - (CNBCInstagram)「President Trump’s trade battles are costing the U.S. stock market $5 trillion and counting, according to Deutsche Bank.⠀ ⠀ Given the bulk of equity returns come from equity price appreciation, in an escalated trade war with China and now Mexico, the U.S. is losing trillions of dollars in foregone returns as markets sink on the negative headlines, the bank said Friday.⠀ ⠀ “The costs of the trade war in our view are about its indirect impacts,” said Deutsche Bank chief strategist Binky Chadha in a note to clients. ⠀ ⠀ “The trade war has been key in preventing a recovery in global growth and keeping US equities range bound. Foregone US equity returns from price appreciation (12.5% annual rate) for 17 months are worth $5 trillion.”⠀ ⠀ More, at the link in bio. ⠀ *⠀ *⠀ *⠀ *⠀ *⠀ *⠀ *⠀ #stockmarket #stocks #dollar #USD #business #marketdata #data #investing #portfolio #tradertalk #money #trading #wealth #wallstreet #wallst #businessnews #CNBC⠀」6月3日 7時05分