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UBS On-Air: Paul Donovan Daily Audio 'Keeping the optimistic bias'
Published 1 month, 2 weeks ago
Description
US President Trump suggested talks with Iran could begin within two days. Investors have received enough independent confirmation to give the idea credibility. The “always look on the bright side” mentality has continues. The war does mean that global economy is worse off than it would have been—though probably not as bad as mathematical models (including those of the IMF) suggest.