Invesco’s Kristina Hooper warns the coronavirus is not the biggest threat to the market.
She sees flaring U.S.-China trade tensions potentially doing the most harm to stocks.
“The pandemic has largely been isolated and neutralized because of all the monetary policy support that the Fed has provided,” she told CNBC’s “Trading Nation” on Friday. “That really has decoupled the economy from the stock market.”
Unlike the pandemic, Hooper contends a tariff war resurgence would be a direct hit to the market.
“As we saw in late 2018 and 2019, the tariff war was very, very problematic. It created a big