President Trump's tweets last week announcing the end of the tariff truce signaled a new phase in the US-Chinese tensions. China responded as did investors. I was fortunate to have been invited to the Bloomberg set to discuss the issues of the day. In this two-minute clip, I suggest there will be far-reaching implications for investors. World growth is getting marked down as deflationary forces strengthen. The dollar-yuan was a low vol pair, and it still is, but considerably higher than it was--from a two-year low near 3.4% to almost 5.6% earlier today. The trade conflict will produce more collateral damage. South ... (full story)