Trump up-ends the macro narrative and the Chinese stimulus that wasn’t

Capital Economics Weekly Briefing

As the dust settles on that momentous election, Group Chief Economist Neil Shearing is on The Weekly Briefing from Capital Economics to discuss what is known and unknown about the coming Trump administration. He talks about potential guardrails on the president-elect’s pledges and about how central banks – not least the Fed – can navigate this trickier policy environment.

Plus, after another widely anticipated Chinese stimulus announcement disappoints, Chief Asia Economist Mark Williams explains the disconnect between what the market wants to hear from the leadership in Beijing, and what the leadership is prepared to do to support the economy.

Analysis referenced in this episode:

Key Issue: Trump's second term
https://www.capitaleconomics.com/key-issues/trumps-second-term

Trump, tariffs, tech controls, Taiwan & China
https://www.capitaleconomics.com/publications/china-economics-update/trump-tariffs-tech-controls-taiwan-china

What happened to the fiscal stimulus?
https://www.capitaleconomics.com/publications/china-economics-update/what-happened-fiscal-stimulus

Slowdown still has a lot further to run

https://www.capitaleconomics.com/publications/china-economics-update/slowdown-still-has-lot-further-run