With so much still up in the air regarding Brexit, making predictions is difficult – particularly about the future. But we can prepare for a range of different outcomes and market environments, pruning our ‘probability tree’ as events evolve. Here’s our latest scenario analysis.
Trade tariffs are a major concern for investors. The impact so far has been muted, but the risk of escalation looms. 25% tariffs on all Chinese goods are a credible threat from US President Trump but global auto-tariffs would be a much bigger risk to the US economy, encouraging others to launch a combined response. Find out more in my vlog below.