How to trade US/EU/China trade tit-for-tat
You know it's an election year both sides of the Atlantic when tariff threats fly thick and fast. We've had tariff threats linked to semiconductors, pork and agriculture so far.
KraneShares CIO Brendan Ahern unpacks the political sabre-rattling with IGTV's Angeline Ong and how to trade it. Ahern also says the Wall Street 'melt-up' may well continue this summer before the US election.
(AI Video Summary)
US consumer and stock market resilience
In this exclusive IGTV interview, KraneShares CIO Brendan Ahern highlights the resilience of the US consumer and stock market, despite some minor setbacks like poor financial results from Walgreens leading to store closures. Ahern discusses the anticipation of a potential interest rate cut in September due to slight economic weakening, influenced by global tensions like the EU-China disputes over sectors such as electric vehicles and telecoms.
Trading and politics
He also stresses the difference between political rhetoric and economic reality, especially in trade relations, and concludes with observations on the US political climate ahead of elections, suggesting both candidates favor large government.
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