Jobs Likely to Embolden Administration on Trade: Pimco’s Cantrill

The transcript discusses the significance of a recent job report, highlighting its context and temporary factors like the GM strike. It analyzes sector performance, noting strength in healthcare and luxury services, while acknowledging economic slowdown concerns. The discussion shifts to US-China trade negotiations, emphasizing the challenges and political will to reach an agreement. The potential impact of a trade deal on markets and the upcoming US election is debated, with differing views on its correlation with economic performance.

What are the potential consequences if there is no trade deal with China according to the discussion?

What does the speaker imply about the market's reaction to trade deal uncertainties?