Risk-off sentiment triggered by rising US-China trade tensions unleashed red ink in financial markets far and wide last week. The only exceptions: high-grade government and corporate bonds, based on a set of exchange-trade funds representing the major asset classes.
China says it will ‘never surrender to external pressure’ in trade talks: Reuters
The US-China trade battle will last decades: NY Times
White House economic adviser: ‘both sides will suffer’ in US-China trade war: CNBC
Experts outline several ways China could retaliate to US tariffs: CNBC
Saudi Arabian oil tankers attacked in Persian Gulf: Reuters
US job growth for smallest firms falls to 8-year low due to tight labor mkt: WSJ
US consumer inflation’s 1yr trend remains stable at roughly 2% in April: