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.

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.

Christyan Malek, JP Morgan Securities Global Head of Energy Strategy, sees oil normalizing towards $100. Jordan Rochester, Nomura G-10 FX Strategist, says the dollar strength is already near disruptive levels. Saira Malik, Nuveen CIO, challenges the soft landing narrative. Janet Henry, HSBC Global Chief Economist, discusses China's economic stability and recovery, as well as the evolving narrative of Hong Kong in the financial sector.