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Australian frustration grows over Trump administration’s trade stand

Carl Weinberg assesses the trade dispute between China and the United States.

Click here to read.

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hifreqecHigh Frequency Econ@hifreqec·

13h

We agree with #Fed officials that the administration's trade policies are weighing on the outlook, but the level of policy uncertainty is not unprecedented. Trade policy uncertainty is high, but other types of policy uncertainty appear to be low.

hifreqecHigh Frequency Econ@hifreqec·

17 Jul

Beware volatility in US jobless claims data from auto plant shutdowns. Through the volatility, though, the trend continues to signal strength. GDP may have slowed in Q2, but the data are not looking very recession-like.

hifreqecHigh Frequency Econ@hifreqec·

17 Jul

Watch Australia's employment report tomorrow: The RBA will cut rates again if the jobless rate does not fall in response to easier monetary conditions... but it will probably take a wait-and-see approach until November.

hifreqecHigh Frequency Econ@hifreqec·

16 Jul

Austrian economics quiz:
Q: If interest rates are negative, when do you cut down a tree to harvest the wood?
A: When it falls on your house.
#ECB

hifreqecHigh Frequency Econ@hifreqec·

16 Jul

Mixed signals for Canada's economy: Employment is strong, but there could be red flags in survey of mfg tomorrow: High inventories demand a correction, and that means a period of reduced production and a loss of jobs in manufacturing.

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