Equity markets were in a good mood this week. That is in no small part due to progress in US‑China trade negotiations, in which both sides agreed to the removal of already imposed tariffs in a number of phases. Donald Trump’s trade war against China is among the biggest concerns for global investors (even more so than the all-encompassing Brexit drama here). It seems that recent weakness in the Chinese economy (and possible electoral weakness for the Trump administration) has made a compromise necessary. And as we have written before, with a sluggish global economic backdrop, a positive outcome on trade between the world’s two largest economies will be vital for the health of markets and the economy going forward.
Investors are well within their rights to have a little optimism then, albeit with a dash of caution. We discuss this in more depth in a separate article this week.
Tatton Asset Management PLC (LON:TAM) offers a range of services to directly authorised financial advisers in the United Kingdom. The Company provides on-platform portfolio management, regulatory, compliance, and business consulting services.
