Daily investment update by KBL European Private Bankers

InsingerGilissen, 14 MAY 2019

In this month’s Fund Manager Survey from Merrill Lynch, the number one biggest tail risk is a trade war. No surprise there. Everyone is now focused on how this issue will develop. Linked to this, the second highest reading is a China slowdown, followed by US politics. It simply highlights how, internationally, investors are all under the spell of geopolitics. The flow of investments is now determined by President Trump’s next tweet.