There's More to Play Out in U.S.-China Trade War, Says St. James' Place's CIO

The transcript discusses the President's conciliatory tone towards trade tensions with China, possibly influenced by upcoming midterm elections. It highlights the resilience of the US market despite these tensions and notes lobbying efforts by US companies to ensure favorable tariff deals. The discussion also covers the positive earnings season, with many companies exceeding expectations, and anticipates significant upcoming reports, such as Apple's.

What is the President's likely motivation for his rhetoric on trade deals with China?

• To improve relations with Europe

• To gain support ahead of midterm elections

• To influence the stock market

• To appeal to international audiences

How have US companies responded to the trade tensions?

• By increasing exports to China

• By lobbying the government to ensure favorable tariff deals

• By reducing their workforce

• By relocating their operations overseas

What has been the general trend in the US market amid trade tensions?

• A significant decline in all sectors

• Complete immunity to trade tensions

• Stability with potential for corrections

• Rapid growth across the board

What is the ratio of companies beating earnings expectations during the current earnings season?

• One to one

• Two to one

• Three to one

• Four to one

What upcoming event is expected to have a significant impact on the market?

• Apple's earnings report

• The next Federal Reserve meeting

• A new round of tariffs

• The release of new trade policies