U.S. Tradeable Goods Sector Has Clearly Deflated, Says Medley Global Advisors’s Emons

The video discusses the economic impact of global trade tensions, particularly focusing on China's influence on the Federal Reserve's decisions. It examines the current state of the US economy, highlighting concerns about a potential recession, consumer confidence, and business spending. The discussion also covers the pressures on the tradeable goods sector and the implications for GDP. Finally, it addresses inflation and deflation risks, comparing the US situation with other regions like Europe and Japan, and considers the Federal Reserve's role in managing these economic challenges.

What signs indicate a potential recession according to the text?

In what ways does the current economic climate differ between the US and China?