Hm, I think some people may have missed this bit: The trade conflict between China and the United States escalated last month when Trump raised tariffs on some

Hm, I think some people may have missed this bit: The trade conflict between China and the United States escalated last month when Trump raised tariffs on some Chinese imports to 25% from 10% and threatened levies on all Chinese goods. If that were to happen, and China were to retaliate, “we could end up in a (global) recession in three quarters”, said Chetan Ahya, global head of economics at Morgan Stanley. It strikes me as quite a precise predication. Though of course, that does not mean it is correct.