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cover of episode A Path to Trade War Diffusion | Andreas Steno Larsen ft Mikkel Rosenvold | Macro Mondays

A Path to Trade War Diffusion | Andreas Steno Larsen ft Mikkel Rosenvold | Macro Mondays

2025/5/12
logo of podcast Real Vision: Finance & Investing

Real Vision: Finance & Investing

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Andreas Steno Larsen
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Raoul Pal
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Raoul Pal: 我认为中美达成贸易协议可能对加密货币市场产生积极影响。周末我们得到了中美达成贸易协议的消息,市场出现了很多波动,正如我们上周所讨论的,这可能对加密货币市场带来一些上涨空间。有很多值得讨论的内容。 Andreas Steno Larsen: 我认为中美贸易关系的缓和必须被视为积极的。无论如何描述,它都必须被视为积极的。债券收益率上升、黄金下跌、股市上涨等,这些都是教科书式的市场反应,因为我们看到了中国关税的转变。我认为中美谈判最终会就外汇制度达成某种共识,包括弱势美元。美国需要向市场提供一些美元流动性,可以通过美国财政部或私人银行系统来增加美元流动性。美国可以通过谈判达成一些关于互换额度等的协议,允许中国更容易获得美元融资。我认为特朗普的策略是先放出强硬言论,然后为了达成目标而做出让步。特朗普可能会要求中国做出一些具体的采购承诺,就像2019年签署的第一份贸易协议一样。特朗普是一个言辞激烈的人,但最终他会为了达成目标而做出让步。

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Steno Research founder and CEO Andreas Steno Larsen is back with his co-host Mikkel Rosenvold, partner and head of geopolitics at Steno Research, to unpack the U.S.-China trade agreement, the market's reaction, and the key narratives and risks investors need to watch right now.

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