News

Impact of Trade tensions and a lesson from Rome

26/06/2018

The ongoing rhetoric from the US Administration, largely targeted towards China, but with a few jabs thrown in at the EU for good measure, is starting to unsettle the markets, and threatens to call an end to the bull run in US Equities that has been such a tangible benefit of Donald Trump’s Presidency. Markets don’t like uncertainty, and while seeing Trump cutting loose on inequities in trade and giving the leaders of those countries a migraine is undoubtedly amusing, there is a risk that these initial skirmishes might just get out of hand and do some real economic damage. The President is a businessman first, and good businessmen ensure they have talented advisors to help them in areas where they need it, and more importantly, they pay attention to the advice given. Trump would do well to look to history, and to the tradition of the Roman Auriga, whose job it was to hold the laurel crown over the head of the Commander granted his Triumph and remind him to be humble with the words memento homo - “Remember- you are only a man”.

Share this news

Related posts

Economic 2019-07-31_FOMC.png

Countdown to FOMC on 31st of July

31/07/2019

Market expects 0.25% rate cut on 31st of July 2019

Read more
Calendar Calendar.jpg (1)

The week ahead 15.07.2019

15/07/2019

Upcoming releases next week

Read more
Stock Market US stock-exchange.jpg

Stock market rally

10/07/2019

Stock market rally after Powell transcript

Read more
Forex News yen.jpg

Dollar Yen breaks lower

24/05/2019

Dollar Yen breaks lower

Read more