Commentators sound surprised by the fact that Apple traded lower today despite the rumor that some or all of its products may not be included in the tariffs that are reportedly to be announced any minute. Well, they shouldn't be...
While, sure, Apple may rally in the near-term if indeed it's been spared, make no mistake, a trade war is a very bad thing from an overall economic standpoint, and Apple needs a good economy if its stock is to continue to perform going forward.
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