Markets Are Due a Correction, Says Coutts & Co.’s Higgins

The transcript discusses the uncertainties surrounding a trade deal between the US and China, highlighting market reactions and potential negotiation tactics. It explores the probability of a deal being reached and the impact on market volatility, particularly in equities, yen, and bonds. The discussion also touches on the potential consequences of not reaching a deal and the timeline for negotiations, including the G20 meeting in Osaka.

What is the market's reaction to the uncertainty of a trade deal between the US and China?

• The market remains stable.

• The market shows signs of potential volatility.

• The market experiences a significant rise.

• The market is unaffected.

What is the probability of no trade deal according to the discussion?

• 20%

• 50%

• 80%

• 5-10%

What could be a potential consequence if the Chinese delegation does not visit the US?

• A smooth negotiation process.

• A very rocky week for the markets.

• Immediate resolution of the trade deal.

• No impact on the markets.

What is the expected timeline for the trade deal resolution?

• Within the next week.

• By the end of the year.

• No specific timeline is mentioned.

• By the end of June at the G20 meeting.

How is the volatility in the market primarily observed?

• In the real estate market.

• In the commodities market.

• In equities.

• In government bonds.