With a full-fledged trade war with China looking increasingly likely, Goldman Sachs has identified an investment strategy that can still outperform in such an environment: buying stocks with pricing power. As the author of today’s article explains, “Companies that dominate their market niche are typically able to raise prices without losing many customers. This is pricing power” – and Goldman is recommending seven specific companies with pricing power to help ride out a prolonged trade war. For these seven stocks, CLICK HERE.
In addition to the previously announced tariffs on China, President Trump has now announced that there will be tariffs on steel and aluminum imports from Canada, Mexico and the European Union. Against this backdrop, today’s article looks at the only two steel producers in the U.S. and whether they are good investments, with the author suggesting that “rather than looking away from steel and aluminum which will be the focus of a trade war, we should look at them.” For more, CLICK HERE.