The Big Picture August 2019: Trade Worries the Markets
Trade disputes are not a new phenomenon. However, the recent increase in tensions, primarily among the U.S. and its principal trading partners, has fostered a number of material uncertainties. Data suggest that recent tariffs, and threats of new ones, have altered business behaviour and economic activity. As a nation that is reliant on international trade, Canada is particularly susceptible to these winds of change. With the business cycle and the current bull market showing their age, investors are understandably concerned with the escalating rhetoric and the ever-increasing risks of protectionism. Having a professional advisor and a sound financial plan can help ease investor concerns when negative headlines dominate the media. Read more.