Economics
China Retaliation Is ‘11’ on Scale of 1 to 10, Wall Street Warns
- BMO asks how much further the yuan will be allowed to fall
- Morgan Stanley’s Graseck sees investors’ eyes on bank margins
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Analysts continued to warn about the dangers of an escalating trade war on Monday, as China moved to strike back at the U.S., hitting U.S. stocks and boosting Treasuries.