Bloomberg TV: On the Cusp of a Global Easing Cycle
Jay was back on this morning’s BloombergTV Daybreak for over 40 minutes discussing many topics including trade & tariffs, the importance of the consumer, and why we think a global easing cycle is going to begin.
Below is a nice 2 min clip in which he lays out the view that we are on the cusp of a global easing cycle, made possible by the Fed going on hold and likely to be led by the CB’s of the emerging economies.
The cross asset implications are significant from currencies to commodities with Dr. Copper up over 2% today and close to 10% ytd. We remain overweight commodities and the global metals & mining sector.
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