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AIIQ - Will Easy Monetary Policy Keep The Global Economy Afloat?
AI Powered International Equity
By Darren Williams
Global markets have taken heart from a truce in the trade war and signs of yet more monetary-policy stimulus. Easy money may well give a short-term lift to asset prices, but longer-term prospects look more challenging, especially for Europe.
We see two snags with the latest market narrative.
Uneasy Truce
First, the truce in the trade war is uneasy at best. If, as we believe, the trade war is just the beginning of a broader, multiyear conflict between the US and China, it probably won't be long before things again take a