Rounding up top reads from around the web, including articles shared by fellow investors in the
Financial Horse Facebook Group.
However, the biggest risk to equities is the Sino-U.S. relationship, which is likely to worsen after U.S. Secretary of State Mike Pompeo that Hong Kong no longer warranted special treatment under U.S. law.
Gold investors, on the other hand, appeared to shrug off geopolitical risks and focused instead on optimism around the re-opening of the world economy, paring their holdings of the safe-haven metal. Prices extended overnight losses and spot gold traded at US$1,708.60 per ounce.
- China’s proposed national security law will cause “huge harm” to Hong Kong’s independent judiciary and create “turbulence” in the business sector, according to an academic.
- The concern is that the
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