View from the Hill

Market Update – November 2018

View from the hill

Concerns around slowing economic growth, Trump’s trade wars and the outcome of the November US midterm elections as well as increasing interest rates from the US Fed all weighed on the market. With their stretched valuations, the brunt of the fall was seen in Tech stocks as the NASDAQ lost nearly 9% over the month.

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Market Update – October 2018

View from the hill

Trade tensions escalated in September as the U.S. put in place a 10% tariff on US$200bn of Chinese imports and Donald Trump flagged tariffs on another US$267bn, should China retaliate. China has added tariffs (5% and 10%) on US$60bn of goods imported from the US.

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