EM Recovery Is Grinding To A Halt: Capital Econ

As talk of tariffs roiled global markets, with Asian and European markets particularly hard hit, it is interesting to note the relative rebound in the S&P 500. Who will be the winners and losers from Trump’s trade talks? While the trade riff had its impact, what happens on Monday could in large part shift market performance drivers from trade to political concerns, depending on election results. And then there are global macro trends, some of which Capital Economics saw coming on February 26 well before the trade . . .

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