U.S. Tradeable Goods Sector Has Clearly Deflated, Says Medley Global Advisors’s Emons

The video discusses the economic impact of global trade tensions, particularly focusing on China's influence on the Federal Reserve's decisions. It examines the current state of the US economy, highlighting concerns about a potential recession, consumer confidence, and business spending. The discussion also covers the pressures on the tradeable goods sector and the implications for GDP. Finally, it addresses inflation and deflation risks, comparing the US situation with other regions like Europe and Japan, and considers the Federal Reserve's role in managing these economic challenges.

What is one of the main reasons the Federal Reserve is considering a rate cut?

• To increase consumer spending

• To respond to global trade uncertainties

• To reduce inflation

• To boost the stock market

Which sector is showing signs of deflation in the US?

• Real estate

• Tradeable goods

• Healthcare

• Technology

How might the upcoming elections influence economic perceptions in the US?

• By altering interest rates

• By changing tax policies

• By affecting consumer confidence

• By increasing government spending

How does the inflation scenario in the US compare to that in Europe and Japan?

• The US is facing higher deflationary risks

• The US has similar inflationary pressures

• The US is not in a deflationary risk scenario

• The US has lower inflation than Europe and Japan

What is the current state of the services sector in the US according to the core CPI?

• It has lost pricing power

• It is rapidly declining

• It still maintains pricing power

• It is experiencing deflation