Where there’s life there’s hope
2019 has been a turbulent year. We witness the continuing trade war between the world’s two largest economies, US and China, their often infantile and self-centred actions inevitably affect other economies whether in Europe or Asia. The world also experiences collapse of the political centrist with leaders of the extreme right and left voted into power. For example, ex-President Macri of Argentina from a market friendly party was voted out and replaced by the Peronist President Alberto Fernandez. While these political developments may sound distant to some, they do have an indirect and sometimes direct impact on our investments.