Playing Trade War Chicken |
| July 19, 2018 | July 2018 Bond Updates |
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Aversion to a sure loss is playing an important psychological role in explaining why President Trump is taking the U.S. into a series of trade wars. The concern with this policy is that we, and our trading partners, are now engaged in a series of imprudent risks from metaphorically playing chicken. |
| View more at: https://www.forbes.com/sites/hershshefrin/2018/07/18/playing-trade-war-chicken/ |
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