JPMorgan's Frenkel Not Seeing U.S. Recession

The transcript discusses global economic concerns, including potential recessions and the impact of Brexit. It covers the Federal Reserve's monetary policy decisions, emphasizing a dovish approach and the potential for future rate hikes. The discussion shifts to the US deficit and debt issues, highlighting the risks of excessive indebtedness. The US-China trade relations are analyzed, focusing on the importance of negotiations and intellectual property rights. Finally, the implications of Brexit are examined, noting its negative impact on Britain and Europe.

How does the speaker suggest restoring balance in policy instruments?

What is the significance of the trade negotiations between the US and China as mentioned in the text?

What are the implications of Brexit as discussed in the text?