China deal: why Trump needs this to win - James Rickards

The U.S. has completed phase one of a trade deal with China, signaling what could be a de-escalation of and even possible end to the trade wars.
This is a move that Trump desperately needs for re-election, said best-selling author, James Rickards.
“With slow growth I think you’ll see one, maybe two rate cuts, that will give the stock market a boost. The other thing is calm down the trade wars, it looks like we’re literally just days away from doing that with the Chinese, so if you get good news on trade wars and the prospect of rate cuts, that’s going to keep the stock markets up, and that’s going to help Trump for re-election,” Rickards told Kitco News. (show less)

The U.S. has completed phase one of a trade deal with China, signaling what could be a de-escalation of and even possible end to the trade wars.
This is a move that Trump desperately needs for re-election, said best-selling author, James Rickards.
“With slow growth I think you’ll see one, maybe two rate cuts, that will give the stock market a boost. The other thing is calm down the trade wars, it looks like we’re literally just days away from doing that ... (read more)

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Kitco NEWS
The Kitco News team speaks to analysts and experts on the frontlines of the market to get the most up-to-date news on the economy. The show offers a well-rounded, timely view on big market moves and any major headlines that may affect financial assets. Coined – no pun intended – as the number one source of precious metals news, Kitco News is the leading provider of up-to-date price action in the precious metals space.

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