Trade Tensions Won't Impact Economy for Months, BNP's Howard Says

The transcript discusses the impact of trade tensions on the economy, highlighting the potential delay in seeing effects in hard data. It also examines the challenges posed by a strong dollar and rising input costs, such as labor and fuel, on corporate earnings. The housing market's disappointing data and elevated asset prices are analyzed, with concerns about a potential recession in the coming years. Strategies for market positioning amid economic uncertainty are also explored.

What is the significance of the mention of cranes in various cities?

What potential risks are associated with the current economic environment as discussed?