- Last week’s selloff is a reminder of the potential for late-cycle bouts of volatility. We remain risk-on, yet advocate maintaining portfolio ballast.
- The U.S. increased tariffs on $200 billion worth of Chinese imports, dialing up pressure on China as the two continued their trade talks.
- Energy ministers of key oil producing countries will meet this week amid rising tensions in the Gulf.
Source: Lessons On Low Market Volatility