ANNOUNCEMENTS

Equities bear the brunt of the trade war By Blu Putnam, Chief Economist, CME Group Highlights Protracted trade war impacting the equity market more than the economy Corporate sector absorbing tariffs in trade war to protect market share Companies unable to pass tariffs onto consumers due to stiff online competition No recession in sight as … Read More

View in your browser Trade War: Everything has changed By Blu Putnam, Chief Economist, CME Group Highlights Equities hit hardest by trade war as tariffs cut into companies’ profit margins Companies have lost pricing power, absorbing tariffs to maintain market share Did market forces weaken the Chinese yuan or was it a managed depreciation? A … Read More

Jobs growth outlook and how the Fed could be out of options By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Fed: Out of options Fed’s efforts to stoke stubbornly low inflation have been futile Inflation contained by demographics, online competition among businesses Millennials can’t make up for baby boomers’ decline in … Read More

Trade War: Adding up the costs By Erik Norland, Senior Economist, CME Group Highlights Consumers get tariff relief before holiday shopping season But tariffs will still amount to at least $50 billion on Sept 1 Another $30 billion in tariffs will be staggered between Sept 1 and Dec 15 US trade policy on China is … Read More

Pound’s bleak Brexit outlook and why tariffs are not shrinking trade deficit By Erik Norland, Senior Economist, CME Group Will pound test lows as Brexit looms? British pound has weakened considerably under Prime Minister Boris Johnson Declines are due to changing probabilities of Brexit outcome Pound could drop another 10-15% if there’s a ‘no-deal’ Brexit … Read More