In the latest of their monthly conversations, Raoul Pal and Julian Brigden discuss what it will take to avoid a looming recession, and how the U.S.-China trade war factors into the thesis. In addition, Julian speaks to his outlook for the U.S. dollar, and Raoul discusses the “true north” that his charts are now pointing toward. Filmed on September 5, 2019. Learn more about Macro Insiders here: http://www.realvision.com/macro-insiders