The real key here is the Global Growth bottom. Data has bottomed out. The data has been decelerating for the last year, 18 months. That is coming to an end. Confidence is rebuilding. The data has been bottoming. It is not 100 . All we are looking for markets to go hire is for the Global Economy to revive and overall trade issues do not get worse. If trade negotiations fall urart right now and face fo tariffs go in, you cannot tell me that the data will not get worse. You either get a phase one deal, which is fine, or it falls apart, and we go into phase one phase four tariffs, which is bad. Jonathan joining me around the table is matthew schumaker, kathy jones, and Matthew Hornbach. Kathy, i have been fascinated this week. I cannot find any consensus this week as to what is driving the market. What is it . Kathy it seems like this resilience in the u. S. Economy, the belief that the Global Economy is bottoming, maybe we deal i amade little skeptical on the deal thing those seem to be t
Data has bottomed out. The data has been decelerating the past 18 months. That is coming to an end. Confidence is rebuilding. The data has been bottoming. All we are looking for markets to go higher is for the Global Economy to revive and trade issues to not get worse. If trade negotiations fall apart right now, and the tariffs go in, you cannot tell me that the data will not get worse. If you get a phase one deal, which is fine, or it falls apart, and we go into phase one tariffs, which is bad. Jonathan joining me around the table is matthew schumaker, kathy jones, and Matthew Hornbach. I have been fascinated this week. I cannot find any consensus this week as to what is driving the market. What is it . Kathy it seems like this resilience in the u. S. Economy, belief that the Global Economy is bottoming, maybe we get a trade deal a little skeptical on the deal thing those seem to be the drivers. Jonathan some people believe it is. Where is Matthew Hornbach on that argument . Matthew i
Global growth bottom. Data has bottomed out. Probably bottomed out. The data has been decelerating for the last year, 18 months. That is coming to an end. Confidence is rebuilding. You can see it in the bottoms up numbers. The data has been bottoming. It is not 100 . All we are looking for markets to go hire is for the Global Economy to revive and overall trade issues do not get worse. If trade negotiations fall apart right now and face four tariffs go in, you cannot tell phase four tariffs go in, you cannot tell me that the data will not get worse. You either get a phase one deal, which is fine, or it falls apart, and we go into phase four tariffs, which is bad. Jonathan joining me around the table is matthew schumaker, kathy jones, and Matthew Hornbach. Kathy, i have been fascinated this week. I cannot find any consensus this week as to what is driving the market. What is it . Kathy it seems like this resilience in the u. S. Economy, the belief that the Global Economy is bottoming, m
Trade issues. Data has bottomed out. The data has been decelerating the past 18 months. That is coming to an end. Confidence is rebuilding. The data has been bottoming. Forll we are looking markets to go hire is for the Global Economy to revive and trade issues to not get worse. If trade negotiations fall apart right now, and the tariffs go in, you cannot tell me that the data will not get worse. You either get a phase one deal, which is fine, or it falls apart, and we go into phase one tariffs, which is bad. Jonathan joining me around the table is matthew schumaker, kathy jones, and Matthew Hornbach. I cannot find any consensus this week as to what is driving the market. What is it . Kathy it seems like this resilience in the u. S. Economy, believe that the Global Economy is bottoming, maybe we get a trade deal a little skeptical on the deal they those seem to be the drivers. Jonathan some people believe it is. Where is Matthew Hornbach on that argument . Matthew in the United States,
As 2015 . Probably not. Numbers are going to be weak through the balance of the year. You may see some signs of bottoming out. If we see pmis in decline maybe there are some downsides. This will continue to decelerate into the First Quarter. Maybe we get good news from a trade deal out of china or out of brexit. Maybe that leads to a shortterm pop in yields. We should see growth improving by the First Quarter of next year. This could be the bottom. It might get better. Is colin joining me robertson, kathy, and jim kate in the blackrock. Kathy, have we seen the worst of it . Kathy it looks like the worst is over but it does not look like it gets much better for here from here. We are cheering on the fact that it is not continuing to decline at a fairly rapid rate. We get a trade deal, we have some lag from the easing from china and other Central Banks. Is over butrst certainly Going Forward it is not going to be strong. Jim the data is going to be mixed. There are components of the mark