The period of relative calm in the markets was rattled by an endless stream of provocative tweets from US president Trump as the US government ratcheted up the trade war and tech war against China. Oh boy! Did the global media have a field day on this latest development. Some of the headlines were more fear-inducing than horror movies. Droves of analysts, experts, economists, fund managers, talk-show hosts are talking about an impending recession in 2020. Or was it 2021? Sorry, these people keep changing their minds. Everything seemed rosy and bright between January and April, remember?

Look, don't get me wrong. I'm not saying that the trade tech war is a non-event. You should be concerned if you have huge positions in shipping and tech/semi-con stocks. However, there are lots of other industries not even remotely affected by this. It's business as usual for these sectors. Life goes...