Global economic growth is slowing more than expected only a few months ago as the fallout from the Trump administration’s trade war takes a bigger toll on the U.S. economy, the OECD said on Tuesday, revising down its outlook.
  • wise_pancake@lemmy.ca
    3·
    26 days ago

    Just wait for section 899 of the new budget bill to kick in.

    $500B of foreign investments will start exiting US markets and we (non Americans) will start seeing taxes on US digital services get ratcheted up in retaliation.

    I’ve already exited a significant portion of my US positions to front run this.