U.S. & China Trade Volatility Swells, PCE Comes In Line

Joe Brusuelas reacts to developing trade tensions between the U.S. and China. President Trump made a Truth Social post accusing China of violating its agreement on tariffs. Joe talks about how tariff volatility will continue to weaken investor sentiment. In the bond market, he's watching the 30-year Treasury, arguing that equities will take a big hit if it reaches 5%. Joe also reacts to PCE and personal income and outlays immediately following their release.

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