The data we analyze on a daily basis continues to suggest China may be bottoming. Could this be the catalyst which prevents a U.S. slowdown?
As Macro analyst Christian Drake explains in the clip above, while it’s not uncommon for the two countries to “decouple,” investors shouldn’t count on China saving the U.S. economy.
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“If you’re of the view that China bottoming is a fulcrum factor in global growth…and we get any sort of resolution on the trade front, an improvement in the Chinese data will help to create a sort of soft landing scenario for the U.S. domestically,” Drake explains. “It may cushion the deceleration, but it’s not going to arrest the deceleration.” |
Watch the full clip for more.
