A US-China-Europe trade deal is what financial markets need


Source: scmp.com scmp.com

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There are many potential problems still weighing on global recovery, clouding the outlook for world financial markets in the coming months. The relentless spread of Covid-19 variants , slower global growth, the resurgence of inflation and uncertainty surrounding future policy responses from governments and central banks are compounding the problems facing investors hoping to get out of harm’s way. On the bright side, though, there has been a rapid recovery in world trade growth this year, a big morale booster for investors if it can be maintained. If the US, China and Europe can strike a deal to stop the...