FORMICHE.NET – Why we the investors in Europe hope for a soft Brexit. Zani speaks

News IT @it

6:36 pm

7 August 2019

“The weak global growth, the investment freeze and the collapse of trade prompted the Federal Reserve to cut interest rates by a quarter of a point on 31 July. This should mitigate the slowdown in the US economy, gripped by doubts, in turn fueled by tariffs and by the disappearance of the fiscal expansion effect. In fact, tensions between the United States and trading partners remain the major source of uncertainty, and after over a year of discussions, characterized by ups and downs, relations with China seem to have entered a positive phase, especially after the G20. However, we continue thinking that the clash between the US and China remains a secular theme for the supremacy on world economy.”

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[text in Italian]

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