Report
Bruno Cavalier

How to take down a thriving economy?

The ingenious tariff plan aimed at rebalancing world trade lasted less than 24 hours before being changed. Why? The sycophants around Trump claim that this shift was envisaged from the outset as a clever and covert manoeuvre to isolate China and appease the rest of the world. In short, “The Art of the Deal” implemented by its inventor himself. A more likely explanation is that Trump was upset when his advisers made him see that the bond market was going into a tailspin, risking turning an erratic tariff policy into a full-blown financial crisis. What remains of all this is maximum uncertainty and a fiscal shock weighing on US households. SO BAD !!!
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Bruno Cavalier

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