U.S. to See a More Dramatic Slowdown in 2020, says Daiwa Capital’s Kitney

The video discusses the potential for a US recession, focusing on short-term economic data and the impact of tax cuts. It predicts a slowdown in 2020 due to the fading effects of tax cuts and potential macroeconomic shocks. The discussion also covers the impact of US tariffs on Chinese imports, suggesting that while tariffs may increase inflation in the short term, they could reduce final demand, affecting the bond market.

Discuss the potential effects of tariffs on inflation and final demand in the US.

What are macroeconomic shocks, and how can they affect the economy?