'Trumpilocks' Trade Policy Requires Planning, Says John Roe

The transcript discusses the ongoing trade war, focusing on the decision-making process of President Trump and its limited impact on the US and Chinese economies. It highlights market reactions, predictions of a potential recession, and the Federal Reserve's possible interest rate cuts. The narrative questions the certainty of a trade war and examines the economic pressures faced by companies, while also considering the market's consensus on interest rates.

What are the expectations of banks regarding a potential recession in the US?

What does the speaker suggest about the market's consensus on interest rates moving forward?