Strategist fears Fed cut will not heal trade war damage

By Sam Kerr
19 Jun 2019

Equity investors have poured cold water on the notion that a US Federal Reserve interest rate cut this year would be enough to offset the damage to capital markets that a prolonged trade stand-off between the US and China would cause.

EMEA equity capital markets have had a good few weeks. The S&P 500 is up by just over 5% since the beginning of June, reversing some of the losses suffered after trade talks between the US and China broke down and tariffs were raised on certain Chinese goods.


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