Hints and tips:
...“PMI numbers provide further evidence of what initially looks like a textbook V-shaped recovery,” said Carsten Brzeski, chief eurozone economist at ING....
...My own feeling is that this will not be a V or even a U-shaped recovery, but a downwardly trending W that has a high risk of turning into a L....
...Economists say a V-shaped recovery is unlikely. Even then it could be two Vs stuck together – a W, in other words....
...It also represents an alliance of convenience with White House aides such as Peter Navarro, the adviser on manufacturing, who want to force a more profound decoupling of US technology from China for trade...
...This is not a German version of Death by China, the polemic written by President Donald Trump’s trade adviser Peter Navarro. The BDI’s approach is balanced....
...Peter Navarro, the White House trade chief is, after all, the author of a book called Death by China....
...Ana Navarro, a Republican strategist and critic of the Trump administration, suggested that the firing of Mr Gorka and pardon of Mr Arpaio were not completely disconnected....
...As Jason Furman points out, Navarro is in a small minority on trade: “99.99999 per cent of economists agree,” says Fruman. "The rest are Peter Navarro”....
...Trump is right to hit out at China: Peter Navarro offers a staunch defence of Donald Trump’s embrace of a trade war....
...While Mr Kelly has ousted some of the non-establishment officials, others such as Peter Navarro, a China trade hawk who has frustrated many other aides, has remained because of support from Mr Trump....
...They are particularly concerned about recent comments by Peter Navarro, Mr Trump’s top trade adviser, who has accused Germany of exploiting the low euro to boost exports and run huge trade surpluses....
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