Trade war? Emerging markets and eurozone. Moderation in optimism.

In this short video we remind that we are not living a trade war… but a negotiation.

We highlight the risk of excessive optimism in Europe and emerging markets.

Wall Street is going bullish now due to momentum. Most brokers were bearish  months ago. Negative views on the were based on political bias in the US plus excessive optimism about Europe and Emerging Markets. Sorry. The US is stronger vs EU or EM, clearly.

 

About Daniel Lacalle

Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Author of bestsellers "Life In The Financial Markets" and "The Energy World Is Flat" as well as "Escape From the Central Bank Trap". Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Frequent collaborator with CNBC, Hedgeye, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.