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Jim Cielinski, Global Head of Fixed Income, provides his perspective on some of the key macroeconomic factors that are driving fixed income markets.
Transcript
Jim Cielinski: Does the slowdown that we are seeing reflect the fading globalization? I think it partly does, but this slowdown was real and entrenched even before a lot of the trade friction I think began to heat up. So, I think we are seeing a fading of the fiscal stimulus from Trump. We have actually seen slow growth almost everywhere else in the world. China