mo4ch:>Beware! Two ‘black swans’ may come out of nowhere & kill stocks this summer, experts warn | Mo4ch News

The aftermath of the spiraling US-China trade war tariffs could be a “clear and present danger” to the markets, according to Barry Knapp, managing partner of Ironsides Macroeconomics.He told Yahoo Finance: “If tariffs [on China] go up to 25 percent and there is an adjustment in the [Chinese yuan] and it moves much more sharply, that could be very de-stabilizing for global capital markets – that, to me, is a very real, clear and present danger.”Knapp added “That would trigger outflow pressures from China, de-stabilize their domestic system.”Also on rt.comStock bubble bigger than 2008 & coming crash far larger, warns Peter SchiffThe Chinese currency has plunged in value since the escalation of trade tensions between Washington and Beijing late last year.According to Knapp, a fresh round of US tariffs on another $300 billion in Chinese imports could further hammer the yuan and trigger massive outflows of investments in the country. That would probably cause a whole lot of selling in …