Episode 28: Escalation
Featuring Jeff Zananiri and Roger Hirst
Published on: August 7th, 2019 • Duration: 18 minutesBoth Trump and Xi upped the ante over the last week, putting more pressure on the Fed to cut further (and perhaps sooner). Roger and Jeff debate if asset prices will force the Fed to an intra-meeting cut and whether the S&P will retest the lows, or make new highs buoyed by another wave of central bank liquidity. The last few days have seen a rapid escalation of risk, leaving many assets teetering on the edge.