JP Morgan think progress in US-China talks is unlikely

Author: Eamonn Sheridan | Category: News

JP Morgan on the upcoming talks between the US and China.

  • We are more sceptical 
  • still see risks to our growth outlook for 2H 2019 skewed to the downside
JPM that a deal could be struck at the ministerial level talks in mid-Oct and "activity get a cyclical bounce into year end". But:
  • "Are either likely? No."
Based on what we have seen come out of US-China talks so far I find it difficult to disagree with JPM. 
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