Scary! Rising US-China Trade War Tensions Could Take 10% Off the S&P

By CCN: Global markets continue to digest the impact of President Donald Trump’s Sunday evening tweetstorm. Meanwhile, analysts from some of the world’s biggest investment banks including UBS and Bank of America Merrill Lynch have detailed their forecasts for what a full-on trade war between the U.S. and China would look should the worst happen. Among the many hair-raising projections is the prospect of the S&P 500 entering a correction by losing 10% of its value, which would alm