My11Circle 🔵🎩
@my11circle
The S&P 500 is heavily dependent on the Chinese economy. Over the past 12 months, S&P 500 companies have generated $1.2 trillion in sales to Chinese consumers — four times the entire U.S. trade deficit with China. Overall, about 7% of S&P 500 companies’ annual sales come from China. A break in economic ties between the U.S. and China would result in a significant decline in the index’s profits.
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