World News: 14:58 GMT Tuesday 28th May 2019. [Yahoo Business News Feed via SPi World News]
The money manager, which oversees $72 billion, is banking on this view to short the greenback and buy some of the biggest casualties of the trade war, including the Australian dollar. Trump will be compelled to make peace with Beijing to protect the interests of American consumers. “The tariffs are essentially a tax on the U.S. consumer,” Richard Lawrence, a money manager at Brandywine Global, said in an interview in Singapore.
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