Market Indicators
- JSE All Share (ALSI) 57,432.46
- Rand/Euro R 15.33
- Rand/Pound R 17.18
- Rand/US Dollar R 13.09
- Rand/Aus Dollar R 9.73
Do we need to worry about Trade Wars?
One of the most common headlines in the world currently relates to the concept of ‘trade wars’. This has quickly become the most cited risk to markets with 60% of the fund managers surveyed in the latest BofA Merrill Lynch Global Fund Manager Survey listing the possibility of a protracted trade war as the biggest risk to investment returns that they see on the horizon. This month we evaluate this concept and its effects on investor portfolios.
