06
May
Markets not ready for a cold war between China and the US
Renewed tensions with China inevitable. Who will be the best president to contain China? Market have not yet factored in political tensions.
Key points
- Presidential campaign already focusing on
Covid-19 crisis - President Trump can no longer count on a positive economic record
- Time has come for a frontal attack
- Monetisation of debt will lend wings to politicians
- Now is the time to repatriate
- A major turning point in the course of globalisation
- Rising political tensions: China-US cold war
- Reduction in the likelihood of a V-shaped economic recovery
