Let’s put together the meaning of softer US growth in Q4 2018 & abysmal trade/IP data in Asia in Q1 2019 & implications.
via @Trinhnomics: We know: a) Asian trade were gang-buster up until Nov 2018 b/c of US demand & front-loading; b) But Asian trade & IP started to lose steam rapidly in 2019 As the US is the largest economy in the …