Labor Day Week lulls were not in the cards as the G7 Summit & Trump tweet/talks stirred up the markets. Combined with Hong Kong protests and other cross-talk currents, outlooks for economic calm seem remote.
And the Trade Tariff beat goes on as to whether it is a tax on the US consumer and whether it will lead to a recession? Dr. Scott discusses the Trump v. the rest of the world views. And how Hong Kong, Argentina, and Japan fit into the dynamics.
Currency war between the US and China. Negative rates for the US? European growth stalled by slow Germany and Brexit burdoned UK. And Italy's continual political and financial uncertainy. Might as well stay at the beach for another couple of weeks of peace of mind.
Global volatility escalates as The Fed, Tariffs, HK and the UK political/economic climates curdle. Risk of China army intervention rises for HK as does the risk for UK downgrade to low AA with BoJo after-effects.
Summer swoons as the geopolitics continue to sizzle with the sky high temps in Europe, Asia and the Americas. Tariff driven slowdowns, US GDP sags, new UK PM BoJo swagger, and Hong Kong snags keep the world on edge. Everyone into the pool to cool-down.
US earnings season in full force as the banks led the way with mixed results while the Techs go strong this week. Geopolitics heated up with the summer sky high temperatures as Iran, China turn the tension/trade screws. US to ease, but by how much is now the question.
The Fed, earnings, China & Mexico trade upheavals. What a way to enjoy the summer season. Dr. Scott spices it up with his rates view, macro earnings concerns and worries on China and the Hong Kong demonstrations.
While the US Women's Futbal team were World Cup Winners, the US has its hands full with volatile situations across the globe. Will the US win the geopolitical competition, or take some losses along the way?
Wall Street wobbly as the Tariff Man, President Trump, gets warbly. Still, VRA has a more dolce view as the Tariff Tussle could lead to a smoother tasting Trade Tartufu.
The high yield EM trade is in disarray as the real risks grip the markets and drive down currencies and bond values. And the UK and Italy are not really that much better as the political carnival continues for both.