People shop at a Uniqlo store during the opening of The Hudson Yards residential and commercial development in Manhattan, New York, in March. The all-important US consumer, while less upbeat than at the start of this year, is still spending. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

US consumer confidence shines amid the gathering economic gloom. But for how long?

  • With the latest manufacturing data apparently supporting growing market pessimism as the US-China trade war rages on, American consumer sentiment has become the single most important factor shaping the global economic outlook

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People shop at a Uniqlo store during the opening of The Hudson Yards residential and commercial development in Manhattan, New York, in March. The all-important US consumer, while less upbeat than at the start of this year, is still spending. Photo: Reuters
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President Donald Trump’s negotiating style still owes more to real estate salesmanship than statesmanship. Photo: Getty Images/AFP
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

China and US need to keep talking as threat of global recession looms

  • Mixed signals from Donald Trump only add to trade war confusion and increase economic uncertainty both in America and the rest of the world

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President Donald Trump’s negotiating style still owes more to real estate salesmanship than statesmanship. Photo: Getty Images/AFP
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