Trade War to Weigh on U.S. Equities Soon, Samba Financial Says

The video discusses the relatively stable moves in U.S. Treasurys compared to Europe and the record highs in U.S. stocks, despite over 80% of companies cutting their earnings outlooks. It questions whether U.S. equities need lower yields to continue rising and suggests that higher earnings are necessary. The speaker expresses skepticism about the effectiveness of Fed cuts in resolving trade disputes, which are negatively impacting the manufacturing sector. The video concludes with a cautionary note on the potential short-lived nature of the equity market rally due to ongoing trade issues.

How does the trade dispute affect the manufacturing sector according to the speaker?

What is the speaker's outlook on the equity market rally in relation to the trade dispute?