This piece from RBC’s Portfolio Advisory Group published today, “Much ado about the tariff tantrum” highlights some of the market dynamics that I have been talking to clients about over the past several months concerning the US / China trade war. Brinksmanship on the issue has reached new heights of late with the recent breakdown of talks and imposition of competing new tariffs. While concerning, and definitely expected to have some effect on markets, the piece does a good job of laying out some edges for what risks (and opportunities) in the current situation look like.

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Sam