The Good Times Are Behind Us, Says SocGen's Juckes

The video discusses the impact of potential tariffs on $200 billion worth of imports, highlighting the economic implications for both the US and China. It explores investor strategies in light of trade uncertainties and the role of President Trump as a deal maker. The discussion extends to the foreign exchange market, emphasizing the risks to emerging market currencies and the global monetary policy setting due to economic changes.

What is the potential impact of imposing 10% tariffs on $200 billion worth of imports?

• It will have no significant effect on the economy.

• It will only affect the Chinese economy.

• It will lead to a decrease in global trade.

• It will impact consumer goods, American consumers, and global output.

How do investors generally feel about the uncertainty surrounding trade policies?

• They are confident and optimistic.

• They experience fear and uncertainty.

• They are indifferent to the changes.

• They believe the policies will have no impact.

What is President Trump's approach to international deals, as mentioned in the transcript?

• He focuses only on domestic policies.

• He prefers to delegate deal-making.

• He is instinctively a deal maker.

• He avoids making deals.

What has been the effect of quantitative easing on emerging market currencies?

• It has caused them to become unstable.

• It has supported a good run in their value.

• It has led to a decline in their value.

• It has had no effect.

What is the main risk to the global monetary policy setting mentioned in the transcript?

• Decreased consumer spending.

• Changes in global monetary policy.

• Stable local politics.

• Increased global trade.