The markets hoped for a while that President Trump was signalling a more measured approach when he announced they wouldn’t be using emergency powers to limit Chinese investment in US technology companies. But, as NAB’s David de Garis discusses with Phil Dobbie, the new approach isn’t any softer. Larry Kudlow was quite clear on that. Plus, a yield curve that continues to flatten, a Renminbi that continues to weaken and a share market that continues to fall.
The markets hoped for a while that President Trump was signalling a more measured approach when he announced they wouldn’t be using emergency powers to limit Chinese investment in US technology companies. But, as NAB’s David de Garis discusses with Phil Dobbie, the new approach isn’t any softer. Larry Kudlow was quite clear on that. Plus, a yield curve that continues to flatten, a Renminbi that continues to weaken and a share market that continues to fall.