Global Trade Hits A Brick Wall

Posted on February 10, 2019 2:37 pm
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URL https://www.zerohedge.com/news/2019-02-10/global-trade-hits-brick-wall 

With markets transfixed by the recent dovish reversal by the world’s central bank, which started by the Fed and continued with ECB, RBA, RBI and BOE, while paying increasingly more attention to the upcoming Q1 earnings recession which – for first time since 2016, Q1 2019 is now expected to post a Y/Y contraction in EPS…

… and the recent wave of soft economic data — especially from Europe — amid renewed concerns over prospects for the U.S./China trade talks, the post-Christmas global rally

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