https://finance.yahoo.com/news/us-stocks-caterpillar-nvidia-warnings-194256045.html
The US chips sector is not doing well because of the chips slowdown. We warned about the western chips slowdown in October 2018.
http://sg-stock.blogspot.com/2018/10/the-global-semiconductor-slowdown-is.html
The US stock markets were at lofty valuations in 2018 because of their burgeoning China exposures. However, the recent US's assaults against China brought these companies' stock prices down. Without China's sales, these companies stock prices will crash fast and furious.
Micron, Qualcomm, Intel, Apple, Nvidia, Caterpillar, etc are all blaming the China slowdown for their poor business performances.
http://sg-stock.blogspot.com/2018/11/the-more-us-tries-to-hurt-china-more-it.html
China's economic growth is important to the world GDP because it constitutes 39% and any China slowdown will impact many companies.
http://sg-stock.blogspot.com/2018/10/china-gdp-was-growing-at-65-in-q3-2018.html
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