Multi Asset chart of the week | Insight Investment

Extreme moves across asset classes over the week

Stephanie Chan, Portfolio Manager, said: “Volatility returned to the markets with a vengeance last week as Trump announced tariffs against global trading partners on 2 April and most assets subsequently experienced sharp moves.The Trump tariffs are an aggressive opening stance in the evolving global trade war – markets have been pricing in continued policy uncertainty and an increased risk of recession. Over the week, most global equity markets suffered a drawdown more than 3 standard deviations from an average weekly move while the US government bond return was almost 2 standard deviations from an average weekly move.”^†