Exposure rates of the Dorval Asset Management Range – 17th June 2019

Donald Trump avoided a worst-case scenario when he finally decided not to apply border tariffs on Mexican goods, so now we just need to hope that the escalating trade war with China can also be put to an end in late June at the G20 summit in Osaka. But there are huge doubts on this. 

However, one thing is sure – the central banks are standing at the ready to intervene swiftly in the absence of inflation to ward off the risk of a recession, and for now, investors are playing this one sole certainty.
 

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