along with 2016 exports falling 7.7%, with real GDP around 4%. With the new administration taunting tariffs anywhere from 35% on Mexican Imports and 45% on Chinese Imports, an excellent SPECULATIVE Short Candidate is BABA (NYSE), the Ebay of China, sporting a P/E of 51.54.
Jack Ma, CEO of Alibaba, is almost getting down on his knees begging the new administration not to start a trade war. Consequences would be so grave that he’d sacrifice his company.
Additionally, the fundamentals support it.