Chinese Vice-Premier Liu He with US President Donald Trump after they signed phase one of the US-China trade agreement at the White House in Washington on Wednesday. Photo: Reuters Chinese Vice-Premier Liu He with US President Donald Trump after they signed phase one of the US-China trade agreement at the White House in Washington on Wednesday. Photo: Reuters
Chinese Vice-Premier Liu He with US President Donald Trump after they signed phase one of the US-China trade agreement at the White House in Washington on Wednesday. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

The US-China trade deal has been signed, the markets are bullish – what could go wrong this time?

  • Despite the weak world economy and geopolitical stress, market sentiment is strong. But the bulls should be mindful that the US-China trade war has not been fully resolved and markets have become more vulnerable in the past year

Chinese Vice-Premier Liu He with US President Donald Trump after they signed phase one of the US-China trade agreement at the White House in Washington on Wednesday. Photo: Reuters Chinese Vice-Premier Liu He with US President Donald Trump after they signed phase one of the US-China trade agreement at the White House in Washington on Wednesday. Photo: Reuters
Chinese Vice-Premier Liu He with US President Donald Trump after they signed phase one of the US-China trade agreement at the White House in Washington on Wednesday. Photo: Reuters
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Nicholas Spiro

Nicholas Spiro

Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.