MRB on CNBC – September 23, 2019

“Trade wars and isolationist policies pose a major threat heading forward, and are being fueled in part by the reduction in global trade and manufacturing jobs,” said Phillip Colmar, partner at MRB Partners, in a note. “So far, the direct impact has been modest, but the indirect impact on manufacturing sentiment and activity has been meaningful given the starting point of subdued global export demand.”

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