Insights & News

Q2 began on a decidedly negative note as investors struggled to come to grips with the U.S. administration’s exceedingly aggressive tariff agenda that appeared to signal an appetite for a trade war. Financial markets clearly disapproved and quickly retrenched. Whether in response to market forces, or at the behest of more moderate voices, a seeming rethink on at least tariff messaging was a welcome development.

U.S. Tariff Analysis and the impact on the markets.

Whether relating to matters of government efficiency, foreign policy, border security, or trade, the Trump administration has moved at breakneck speed to push forward their agenda.

U.S. Tariff Analysis and the potential impact on Portfolios.

Elections around the world have not been kind to incumbent governments with vast majority either losing voter share or power altogether. Voters seem to have apportioned blame for cost of living challenges on governing parties despite inflation now being controlled and prior challenges being pandemic related. This pattern continued with Trump’s election victory which had far reaching implications for global trade, geopolitics, and financial markets.