Another Trade War Coming After October, Says Medley's Richards

The transcript discusses the high likelihood of a rate cut in July, the potential positive impact of a US-China trade deal, and the strategies of central banks like the ECB and the Fed. It also highlights concerns about a possible future trade war between the US and Europe.

What is the likelihood of a rate cut in July according to the transcript?

• 50%

• 75%

• 100%

• 25%

How does the speaker view the potential outcome of the US-China trade talks by the fall?

• Less favorable than the market predicts

• More favorable than the market predicts

• Exactly as the market predicts

• Unpredictable

What significant change is noted in Navarro's language regarding trade talks?

• It has become more aggressive

• It has become more pessimistic

• It has become more optimistic

• It has remained the same

What action is the ECB expected to take in September?

• Increase interest rates

• Do nothing

• Cut interest rates

• Provide insurance

What potential trade conflict is anticipated after October?

• US and China

• Europe and China

• US and Japan

• US and Europe