Heads up, folks. We completed the second wave as of today. Not saying the selling is done, but something worth noting.
At the moment, these are just contrarian buy signals for pops. One will eventually have quite a bit of legs.
That's why this isn't a bargain. And your last sentence is obviously wrong. As for long term plan, well, I definitely agree that the US needs to do something about the issues they're facing, but I highly doubt the Trump administration will succeed. Regardless of that, the problem the US faces compared to China is that of political stability and long term planning. What's the use of all this if it's not a bipartisan plan which both parties agree on for the long term? In 3 1/2 years it might be reversed? Please answer this in the politics section.