Expect U.S.-China Trade War to be Top Risk for Global Economy, Says Swiss Re’s Haegeli

The video discusses the phases of trade agreements, highlighting optimism for phase two and three. It examines the macroeconomic effects of trade tensions, emphasizing the need for clarity in agreements and enforcement. The impact on investment decisions and earnings is analyzed, with a focus on the 2020 economic outlook. The role of central banks in averting recessions is debated, suggesting a need for more fiscal policy action. Finally, the global risks posed by the US-China trade war are considered the primary threat to the global economy.

What factors contribute to the uncertainty in the global economy as discussed in the text?

What is the speaker's outlook for the US economy in 2020 based on the text?