Interest Rate Hikes Are Still Underpriced, Axel Merk Says

The transcript discusses the impact of China tariffs on markets, highlighting that big businesses are less affected due to their lobbying power and diversified operations, while small businesses suffer more. It also examines the outperformance of the US stock market compared to global markets, noting that financial tightening by the Federal Reserve has not significantly impacted US conditions. The discussion covers risk assessment and diversification strategies for US assets, emphasizing the importance of being prepared for interest rate hikes. Finally, it predicts interest rate movements and the potential actions of the ECB, considering the broader economic context.

What are the potential risks for countries with current account deficits during a trade war?

How might interest rate hikes in the U.S. affect global markets?

What are the expected changes in the eurozone's monetary policy and its implications?