With the return of volatility in the second quarter, we cover some of the key players in the current macro environment: the U.S., emerging markets and China, and Europe. We kick off our discussion with U.S. economic fundamentals and whether that gives the Federal Reserve enough cover to tighten a fourth time in 2018 or if the central bank will instead heed signals from the U.S. Treasury yield curve. Most importantly, we cover the U.S. dollar extensively, including our dollar outlook and what role the currency plays in the Trump Administration’s agenda. Our deep dive into U.S. fundamentals then drives the rest of our conversation that covers developed market tightening, emerging markets, U.S.-China trade, to finally close with recent political developments in Europe.
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