Manufacturing Sector Needs Certainty of a Trade Deal, Says Coutts & Co.’s CIO

The video discusses the impact of the trade war on the US manufacturing sector, highlighting companies like FedEx and Caterpillar. It notes that while the manufacturing sector is in a slowdown, the broader economy remains robust. The need for a trade deal is emphasized, with global manufacturing PMI showing tentative signs of recovery. The video also covers the effects of US rate cuts on the economy, particularly in the mortgage and corporate bond markets.

How has the trade war affected major manufacturers like FedEx and Caterpillar?

What are the potential effects of the manufacturing sector slowdown on the broader economy?

Why is a trade deal considered crucial for the manufacturing sector?

What signs indicate that the manufacturing sector might be bottoming out?

What historical effects do rate changes in the US have on the economy?