'Knife-Edge' - Goldman Sees Growth Vs Policy Battle Over Next 2 Months

The central macro question over the next couple of months is whether the stall-speed US economy morphs into something worse, or whether Fed policy easing manages to offset the trade war damage. 

As top Goldman Sachs trader Dominic Wilson discusses below, the central market challenge is finding expressions that provide leverage to the Fed easing that the market expects, but that still protect from deeper economic recession worries if they materialize.