Edward, what do you think the chances the market pushes the US and China into a deal? How bad does it have to get? Or, alternatively, if both sides are dug in, do you think we could get a rate cut from the Fed?
I think there is little chance the markets push a deal. My sense is that the politics isn’t just posturing but identification of a gulf that won’t be bridged. The Chinese are just waiting for another President.
Edward, what do you think the chances the market pushes the US and China into a deal? How bad does it have to get? Or, alternatively, if both sides are dug in, do you think we could get a rate cut from the Fed?
I think there is little chance the markets push a deal. My sense is that the politics isn’t just posturing but identification of a gulf that won’t be bridged. The Chinese are just waiting for another President.