Wall Street Skeptics Question the Turnaround Trade Amid Trade War Concerns

Michael Mullaney, head of research at value-investing firm Boston Partners, was preoccupied this week with analyzing economic data that may indicate early effects of Donald Trump’s trade war, despite the market rebound. He scrutinized signals such as reduced shipping volumes in Los Angeles, declining tourism-related travel, and shrinking credit-card receipts in key consumer sectors, all of which suggest potential economic damage.\n— new from Bloomberg.com

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