What impact do trade tensions have on the expected economic recovery according to the discussion?
2020 a Year of Mini-Cycle Recovery: Morgan Stanley’s Ahya
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The video discusses the current economic landscape, highlighting the role of monetary policy and trade tensions in shaping global growth. It predicts a mini cycle recovery, with growth expected to rise modestly. The potential phase one deal between the US and China could stabilize corporate confidence and influence CapEx trends. Consumption is expected to drive recovery initially, supported by declining interest rates. Emerging markets may see further monetary easing, while developed markets hold steady.
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3 mins • 1 pt
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What role does corporate confidence play in the potential recovery of capital expenditures (CapEx)?
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