Quad Group's Borish Sees 'Hurricane of Deflation' Headed for U.S.

Peter Borish discusses his deflationary view on commodities and the impact of US tariffs on Chinese imports. He emphasizes the importance of data analysis in market forecasting and highlights the deflationary trends affecting investment strategies. Borish analyzes asset classes, noting weaknesses in banks and the stock market, while consumer strength remains. He reflects on historical market crashes and the current state of the banking sector, warning of potential issues due to record deficits and a flattening yield curve.

What is Peter Borish's view on the impact of US tariffs on Chinese imports?

• They will increase GDP.

• They will have no effect on GDP.

• They will increase exports.

• They will reduce GDP.

What does Peter Borish refer to as a 'hurricane of deflation'?

• An increase in aggregate demand.

• A decrease in the trade deficit.

• A deflationary trend approaching the US.

• A rise in commodity prices.

Which asset class does Peter Borish mention as being relatively weak?

• Real estate

• Consumer goods

• Non-US banks

• Technology stocks

What is Peter Borish's advice regarding investment during uncertain times?

• Invest heavily in stocks.

• Raise more cash and be cautious.

• Invest in real estate.

• Ignore market trends.

What does Peter Borish say about the dominance of American banks?

• They have no impact on the global market.

• They are losing market share.

• They dominate wholesale banking.

• They are weaker than European banks.

What historical event does Peter Borish reference to caution against ignoring warning signs?

• The 1929 stock market crash

• The 2000 dot-com bubble

• The 2008 financial crisis

• The 1987 stock market crash

What economic indicator does Peter Borish mention as a recessionary warning?

• Rising unemployment

• The yield curve

• High inflation rates

• Increasing interest rates