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“If the bond market trusts the Fed’s latest words about ‘data dependency’ then the totally flat Treasury note curve is predicting softer future growth (and) will stay the Fed’s hand,” said Gundlach, who oversees more than $123 billion in assets. “If that is indeed to be the case, the recent strong equity recovery is at risk from fundamental economic deterioration, a message that is sounding from the junk bond market, whose rebound has been far less impressive,” he said vintage swank cufflinks uk online.
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WASHINGTON (Reuters) – President Donald Trump pressed senior executives of leading German automakers to expand their investments in the United States as the White House considers imposing new tariffs on European-made vehicles. German automakers said after the meeting they told Trump they planned to boost U.S. investments, but warned they would be unable to do so if the administration imposed new tariffs. Volkswagen AG (VOWG_p.DE) and Daimler AG (DAIGn.DE) executives both said they thought the chances that new tariffs will be imposed had been lessened following the meeting vintage swank cufflinks uk online.
Volkswagen CEO Herbert Diess said the company was “considering building a second car plant” and was in talks with Ford Motor Co (F.N) about a broader alliance. He said it could include VW using unused Ford capacity to build cars. “The president has a point,” Diess said, saying officials “tried to convince us to invest more into America and we are prepared to do this.”. Daimler chairman Dieter Zetsche told reporters that additional U.S vintage swank cufflinks uk online. investments are contingent on conditions remaining the same. Zetsche said the “implicit potential threat” of new tariffs had been reduced after the meeting..