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Eric Lascelles | Source | Chief Economist at RBC Global Asset Management
Eric Lascelles
Chief Economist at RBC Global Asset Management
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RBC Global Asset Management (https://us.rbcgam.com/default.fs)
Chief Economist
started Feb 2011
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"No Deal" North Korea A Reminder That A China Trade Deal Won't Be Easy
The market thinks Trump won't wake away from a weak China deal. He just walked away from one with North Korea.
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I think there's something in the range of 35% recession risk in 2019.
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The fundamental issue is how does the U.S. force change on the Chinese economy. It’s also an open question if buying more U.S. goods will satisfy anyone in the White House.
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