Marc Chandler, Editor of the Marc To Market website and Managing Partner at Bannockburn Global ForEx joins me this week to look at 3 of the major economies around the world. We start with Europe move over to China and wrap up our conversation with the US. All of the countries have weak spots but right now the US continues to be the strongest of the three.
Chris Temple joins me today to first recap the ECB statement. While no longer openly buying bonds the central bank did lower growth forecasts. The overall Eurozone picture remains weak and as much as the ECB wants to be hawkish it’s hard to look at the data and markets and believe them. As for US markets the picture also remain foggy. It’s impossible to pick one area and have full confidence. We discuss why.
Marc Chandler, Founder of MarcToMarket.com and Managing Partner Bannockburn Global ForEx joins me to recap the major events that have international investors nervous. Europe is a situation but now its Brexit and France leading the worries. We have the ECB meeting on Thursday which should make form some interesting talking points. Also to tack on to the US/China trade disputes we have the arrest of the Huawei CFO in Vancouver now facing an extradition hearing. There’s a lot going on at year end.