China vs. USA: 1-0! Video outlook (german)

In economic terms the score is 1-0 for China against the USA! Tonight again a much better than expected Caixin Purchasing Managers Index from China (services). Today the ISM Index from the USA will give a good comparison of the economic situation in the USA! Most recently, the ISM Index Industry in the USA shrank four times in a row – unlike in China. Have the US already passed its cyclical high? US equity markets have outperformed markets in other regions of the world by more than 100%. Bond guru Jeff Gundlach says that this could now be reversed in a downturn. Today also the NATO summit is in focus. Will Trump again move the markets strongly with his statements?

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