J. Safra Sarasin warns of the widening gap between upbeat economic expectations in the US and the “realities of policy making”, reiterating its call for caution and realism when dealing with rhetoric-fuelled optimism. According to the bank, not only can the reality of policy making be “slow and messy”, but divisions are emerging within the Trump camp. Markets price “policy…
J. Safra Sarasin: Approach US economic outlook with caution and realism
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