Yuan Should Be Reasonably Stable in Near Term, Says Goldman’s Trivedi

The transcript discusses global economic concerns, focusing on the impact of trade wars and the CNY's movement on global and emerging market growth. It highlights the fragile state of global growth, recession risks, and central bank actions to ease policies. The discussion also covers the implications of a strong dollar on emerging markets and the potential for a weaker dollar due to Fed policies and political influences.

What is the primary concern regarding the CNY moving through seven?

• The rise in inflation rates

• The immediate depreciation of CNY

• The increase in trade tariffs

• The impact on global growth

Why is a recession not considered the base case despite higher risks?

• Unemployment rates are decreasing

• The stock market is at an all-time high

• Central banks are easing policies aggressively

• Inflation is under control

How have central banks responded to the potential recession risks?

• By easing policies aggressively

• By implementing trade restrictions

• By increasing interest rates

• By reducing government spending

What has been the trend of the dollar on a broad basis over the last six months?

• It has been steadily increasing

• It has been choppy but stable

• It has been rapidly decreasing

• It has been unaffected by global events

What is the expected outcome of the dollar's strength on emerging markets?

• It will cause financial instability

• It will lead to economic growth

• It will result in increased exports

• It will have a mixed impact