Fed to Stop Only if Trade War Slows Economy, BofAML's Harris Says

The transcript discusses the strong momentum of the US economy and the Federal Reserve's potential rate hikes despite the ongoing trade war. It highlights the resilience of markets and the importance of various financial indicators, including the yield curve. The discussion also covers the challenges faced by emerging markets due to the Fed's tightening cycle, trade war, and policy mistakes, emphasizing that these markets are under pressure but unlikely to cause a global crisis.

What are the potential dangers emerging markets are currently facing?

In what ways could the current economic conditions lead to a global crisis?