Markets Are Due a Correction, Says Coutts & Co.’s Higgins

The transcript discusses the uncertainties surrounding a trade deal between the US and China, highlighting market reactions and potential negotiation tactics. It explores the probability of a deal being reached and the impact on market volatility, particularly in equities, yen, and bonds. The discussion also touches on the potential consequences of not reaching a deal and the timeline for negotiations, including the G20 meeting in Osaka.

How does the speaker perceive the current state of the markets in relation to the trade deal?

What are the potential consequences if a trade deal is not reached between the U.S. and China?

What is the significance of the G20 meeting in Osaka mentioned in the text?

What does the speaker suggest about the probability of a trade deal being finalized?

In what ways does the speaker indicate that market volatility may return?