Brain: Trade War at the Extreme Means Stagflation

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Bloomberg Daybreak Europe

Business


The worst-case outcome of a trade war could lead to stagflation suggests Paul Brain, head of fixed income at Newton Investment Management. Speaking to Daybreak Europe's Francine Lacqua and Caroline Hepker, he argued that the most radical impact from the trade war would mean a strong US TIPS market, but we aren't there yet.