Trade Is Doing Damage to the Global Economy, UBS's Brown Says

The transcript discusses the potential escalation of a trade war, focusing on the implications of tariffs on Chinese goods and the tech sector. It highlights the impact on global markets and business confidence, noting that even a sudden trade deal may not remove all tariffs. The discussion also covers potential investment strategies, emphasizing defensive sectors like utilities and consumer staples, which may perform well if the trade war escalates.

In the event of an escalation of the trade war, which sectors are expected to perform well?

What role does the Federal Reserve play in response to trade war developments?