The economists of American banks are increasingly holding a recession in their country. The risk increased from 35 to 45 percent, said the Goldman Sachs Investment Bank on Monday.
The experts of JP Morgan even take 60 percent. What they have in common is that they have raised the value of US President Donald Trump because of the customs policy. The reason for this is the fear that rates can not only heat inflation in the United States, but also to lead to retaliation measures by other countries.
An example is China, whose government has referred to Trump as the “biggest culprit”. The share of the market will be increased and the functioning of the market is protected, said Chinese State Fund Central Huijin Investments.
“I think the United States will have to deal with a stronger growthest at the end of the day than Europe,” said Hamburg Commercial Bank’s Chief Economist, Cyrus de la Rubia. “This is due to the fact that they are more affected by the consumption side by inflation and burglaries by the stock market market than the European countries.”
Panic of stock markets
From Wednesday, the United States wants to increase a flat rates of 20 percent of imports from Europe. The sale continued on Monday at the international stock markets. This can become problematic if the crash investments reduce or the financing conditions deteriorate, said DIW (German Institute for Economic Research, Note) President Marcel Fratzscher.
“The biggest problem is the enormous uncertainty that Trump generates in many areas with his irregular behavior and irresponsible politics.” Uncertainty can destroy many jobs.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
