BlackRock's Mateos Y Lago Says Learn to Live With Trade Deal Uncertainty

The video discusses the ongoing trade concerns and their impact on markets, emphasizing the importance of focusing on economic fundamentals. It highlights the uncertainty surrounding the phase one trade deal and suggests building resilient portfolios. The discussion shifts to China's economic slowdown, noting weak GDP growth and tight monetary conditions, but also identifying some positive signs. The video concludes with an outlook on the trade war, suggesting potential domestic stimulus in China and the likelihood of postponed tariffs and future rate cuts.

What is the suggested strategy for dealing with trade uncertainty according to the first section?

• Concentrate on economic fundamentals and build resilient portfolios

• Avoid any exposure to growth opportunities

• Focus on short-term market fluctuations

• Rely solely on the resolution of trade deals

How is China's GDP growth described in the second section?

• Strong and improving

• Stable with minor fluctuations

• Unchanged from previous years

• Weak with a significant slowdown

What positive signs are mentioned in China's economy despite the slowdown?

• Increased foreign investments

• Expansion in the real estate market

• Growth in the chip sector and manufacturing PMI

• Rising consumer spending

What is the anticipated outcome of the current trade talks as discussed in the final section?

• Immediate resolution of all trade issues

• Postponement of tariffs and delay in the phase one deal

• Introduction of new tariffs

• Complete withdrawal from trade negotiations

What action is the PBOC likely to take in response to the trade situation?

• Introduce new trade tariffs

• Cut rates more substantially

• Increase interest rates significantly

• Maintain current interest rates