- White House trade advisor Navarro says markets need to be a lot calmer about the yield curve - Fox Business
Market news
14 August 2019
White House trade advisor Navarro says markets need to be a lot calmer about the yield curve - Fox Business
- Believes businesses will continue to shift supply chains out of China
- Says markets now have certainty that tariffs will move forward
- Says the yield curve is signaling to the Fed to lower interest rates "by 50 basis as quickly as possible"
- Says China will have to stop stealing intellectual property, forced technology transfer, shipments of fentanyl, dumping into U.S. markets, subsidizing state-run enterprises, hacking into U.S. computers, and currency manipulation
- Repeats that U.S. and China will hold a phone call in 2 weeks
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