Goldman's Hughes Says Recession Risks Are 'Overblown'

The video discusses the ongoing US-China trade tensions and their impact on global markets, comparing them to Brexit concerns. It highlights client worries, particularly among multinationals, about China's economic slowdown and its domestic focus. The discussion also covers recession risks, with insights from Goldman Sachs research, suggesting that while global growth is slowing, a recession is not imminent this year. The importance of a US-China trade compromise for sustained growth is emphasized.

What are the main concerns clients have regarding the US-China trade situation?

How has the uncertainty in US-China relations affected market movements?

In what ways do clients perceive the impact of the China trade war on their businesses?

What factors have contributed to the perception of recession risks in the market?

What are the potential consequences if the trade tensions between the US and China escalate?