Quarterly Outlook
Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
John J. Hardy
Chief Macro Strategist
Global Macro Strategist
Summary: Morning APAC Global Macro & Cross-Asset Snapshot
Happy Macro Tue 1 Oct 2019, Wishing Everyone A Phenomenal 4th Quarter
APAC Global Macro Morning Brief
Quick One today folks, reiterating what this wk is ahead… don’t forget RBA is on today & market is expecting 25bp cut…
Plus of course Happy 70yr Anniversary, China not back in until next Tues
Plus also check slides 10 – 11, from this wk’s Macro Monday focusing on the potential implications from the impeachment investigations… will share this last point which is key to get across to clients, as it could potentially be quite the game changer with a -20% to -30% scenario for US equities in 2020
"Still a long way to the Mid Jul 2020, the Democratic nomination for their presidential candidate. One flip-side of all this to be wary of, if Hunter Biden is found to be clearly linked to corruption (which we know was rampant in the previous Ukrainian regime) it could force Joe Biden out of the race, in which case Warren takes nomination & US EQ mkts tank"
Week Ahead:
Other: