Source: Business Insider
The Phase One trade deal between the US and China will not serve as a silver bullet that reignites stateside economic growth, according to Christophe Barraud, the chief economist of Market Securities. Barraud has been ranked as the top forecaster of the US economy for eight straight years. In an exclusive interview with Business Insider, he explained why the trade war risk to markets is far from eliminated. Click here for more BI Prime stories . With a few pen strokes, President Donald Trump and Chinese Vice Premier Liu He on Wednesday took the most concrete step yet towards ending the trade war they have waged for nearly two years. But the Phase One trade deal is by no means a silver bullet that eliminates the risk of a US recession, according to Christophe Barraud, chief economist of the broker-dealer Market Securities. When it comes to making such forward-looking statements about the US economy, Barraud is in a league of his own. He has consistently held the top spot on Bloomberg’s ranking of economic forecasters for eight years running.