3 September 2018

Bassanese Bites: Sticker shock? – Week beginning: 03 September 2018

It was another positive week for global equities, with sentiment particularly buoyed by a US-Mexico trade deal. Sentiment eased somewhat by week’s end, however, given America’s negotiations with both Canada and China remained unresolved. In fact, Trump ended the week threatening to impose tariffs on another $200 billion of Chinese imports. Chances are that a deal with Canada will be struck sometime soon (I suspect Canada will blink and need to bend to Trump’s tough demands), though China and the US will continue to kick their problems down the road for somewhat longer.

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