Janet Henry

Joining the discussion are Gearoid Reidy, a Bloomberg Opinion columnist focused on Japanese politics and economics, and Janet Henry, Global Chief Economist at HSBC. They dive into the recently announced US-Japan trade deal, which includes a mysterious $550 billion investment pledge, and discuss its potential political fallout for Japan's Prime Minister. Gearoid elaborates on the implications of new tariffs, while Janet analyses the impact of ongoing negotiations on the global economy and consumer spending amidst rising inflation. This hefty trade landscape presents both opportunities and uncertainties.

Janet Henry, Global Chief Economist at HSBC, shares her insights on US economic resilience and future rate cuts. Murat Ulgen, Global Head of Macro Strategy, discusses the bullish market sentiment amidst global uncertainties. Paul Mackel, Global Head of FX Research, analyzes the dollar's potential decline as the Fed eases. They also explore the impact of AI on productivity, emerging markets' stability, and the limited inflationary effects of tariffs. The conversation highlights key issues such as corporate credit risks and gold's appeal amid uncertainty.

In this engaging discussion, Janet Henry, Global Chief Economist, dives into the implications of tariff uncertainties on economic data. She highlights how trade dynamics are affecting smaller businesses and contrasts resilient economic indicators with declining consumer confidence in the U.S. The conversation touches on Moody's recent downgrade of U.S. debt, raising alarms about fiscal health. Janet also assesses global economic trends from Europe to Asia, focusing on investments and shifting market strategies, particularly regarding Gulf economies.

Tracie McMillion warns of consumer confidence impact on pricing power. Janet Henry predicts Fed cuts in September or December due to election month. Mandy Xu discusses how markets price election-related volatility.

Global Chief Economist at HSBC Global Research, Janet Henry, discusses the outlook for the world economy amidst central banks' rate cutting cycles. Topics include positive economic signs, global GDP forecasts, US productivity advantage from AI adoption, post-election fiscal speculations, and policy rate forecasts with a focus on rate cuts.