Exclusive Comments from Marc Chandler – Mon 27 Aug, 2018

A New NAFTA Deal and What Does The Fed Consider A Neutral Fed Funds Rate

Marc Chandler, Head of Global Currency Strategy at Brown Brothers Harriman wieghs in on the new NAFTA deal (which Trump said we should not call NAFTA and is right now only between the US and Mexico). We look at some of the sticking points and how Canada will fit into all of this. Also we chat about the comments made by Powell last Friday. Instead of debating over a December rate hike we should all be looking to what the Fed considers a neutral Fed Funds rate.

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Marc ChandlerCory Fleck