On European Auto Industry& The BOJ

The reordering of global trade patterns stemming from Trump’s Tariff Turmoil is having distinct ramifications for market players and policymakers the world over, as William explains today. Inexpensive Chinese imports flooding into Europe’s auto markets are confounding the industry stalwarts and presenting policy conundrums. … Different policy conundrums have been dumped in the laps of central bankers in Japan and the US, and the decisions of each affect the other. Fed rate cuts could cause the BOJ to shift policy course, and simultaneous rate cuts by the two could shake financial markets worldwide.