Maybe a Trade War Will Shake Out Market Micro-Bubbles

The trade war with China may help deflate some micro-bubbles on Wall Street and renormalize the market at a more solid, sustainable level. Alternatively it could lead to a dissolving slide far down the slope. Instead of being an explosive catastrophe like the Mt. St. Helens eruption that would fertilize and renew the business ecosphere after the disaster, the war might bring a modest market correction and that isn’t bad.