U.S. Digs in for Trade War as Job Growth Hums Along

The video discusses the current state of the economy, focusing on the payrolls report, economic slack, and inflation. It explores the impact of trade stories on markets, highlighting trading opportunities. The discussion extends to emerging markets and China's economic challenges, particularly in the context of US-China trade relations. The video concludes with an analysis of fiscal policies and their implications on trade deficits.

What are the potential trading opportunities mentioned in relation to the yield curve?

How does the discussion characterize the economic situation in China?

What is the relationship between fiscal deficit and trade deficit as discussed in the text?