The U.S. – China trade war is cooling off, fears of a major economic recession have receded and commodity prices are projected to climb, but the bearish leaning pundits still see plenty to fear in 2020:
China: The trade war may be in remission, but China’s economy is still slowing and may drop below 6 percent GDP growth for the first time since 1990. The Hong Kong protests go unabated and Beijing fears they could spread to the Mainland. EU: Having tackled China, Japan, Korea, plus Canada and Mexico, Mr. Trump now turns his trade fight sights onto Europe in 2020. His most recent salvo was the imposition of sanctions intended to slow Europe’s acquisition of cheaper energy via Nord Stream 2. At minimum, his rhetoric...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
