Conforme superamos la primera mitad de un año marcado por récords, la volatilidad y la incertidumbre continúan en todos los mercados.
Panic accelerated in all markets this week as the spread of COVID-19 around the globe forced massive shutdowns, business closures and even border closures across most countries.
1. Volatility was extreme this week as U.S.-China trade tensions boiled over and global central banks began a “race to the bottom”, cutting their own interest rates right on the heels of last week’s rate cut by the U.S. Federal Reserve. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped…
Trade and speculation about the moves of the Federal Reserve moved back to the forefront of factors affecting market volatility this week. Continued escalation of tensions in the Middle East region also remains a factor.
Not surprisingly, as I’m called upon frequently to counsel investors seeking advice on their international diversification, one of the most oft-asked questions is why my principle country of residence, the Cayman Islands, is so uniquely advantageous.