Expect U.S.-China Trade War to be Top Risk for Global Economy, Says Swiss Re’s Haegeli

The video discusses the phases of trade agreements, highlighting optimism for phase two and three. It examines the macroeconomic effects of trade tensions, emphasizing the need for clarity in agreements and enforcement. The impact on investment decisions and earnings is analyzed, with a focus on the 2020 economic outlook. The role of central banks in averting recessions is debated, suggesting a need for more fiscal policy action. Finally, the global risks posed by the US-China trade war are considered the primary threat to the global economy.

What is considered a major challenge in progressing beyond phase one of trade agreements?

• Lack of political will

• Phases two and three

• Insufficient funding

• Public opposition

What percentage of US companies have exceeded earnings estimates during the current earnings season?

• 75%

• 60%

• 50%

• 90%

What is the predicted growth rate for the US economy in 2020?

• 2.0%

• 3.0%

• 1.6%

• 2.3%

What is a major risk to the global economy according to the third section?

• Technological advancements

• Climate change

• US-China Trade War

• Political instability

What does the speaker suggest about the reliance on central banks?

• It is excessive and problematic

• It should be increased

• It has no impact on the economy

• It is beneficial for economic stability