In this short video we explore the impact of the US tax reform on markets, what is discounted and what is not, as well as the risks coming from rising Chinese bond yields.

Daniel Lacalle is Chief Economist at Tressis SV, has a PhD in Economics and is author of “Escape from the Central Bank Trap”, “Life In The Financial Markets” and “The Energy World Is Flat” (Wiley)

Images courtesy Tressis