Will Trade Conflict Bring About a Quick Mkt. Dive, or Long March?

Chinese President Xi Jinping just warned the Chinese people to prepare to endure "a new Long March," evoking the hardship of the Red Army's epic 1934 trek for survival. President Donald Trump, on the other hand, has told the American people that the China trade war will be a walk in the park — good for the economy and "easy to win." Their starkly contrasting rhetoric could hold the key to the Dow Jones and broader stock market outlook.