Tariffs: The stealth tax
On 2 April, President Donald Trump took the market by surprise with the size and extent of the tariffs on US imports he implemented via a presidential order. Global share markets sold off massively. Clearly, investors are concerned by what many regard as a totally irrational policy initiative. Such an emotive topic is best understood through the history of tariffs, expounded by Sandy McGregor, who touches on why they were discarded as an economic tool and why Trump wishes to reinstate them.
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The conflict between price and fundamentals
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Orbis Global Balanced: Defensively positioned to deliver long-term returns
The Orbis SICAV Global Balanced Fund remains cautiously positioned with severe underweight exposure to the US dollar compared to its benchmark. Alec Cutler a...
A gear shift in electric vehicles?
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