Trump reignites Trade war to deflect U.S. Coronavirus woes

Damien Klassen

Nucleus Wealth

Trump’s appalling mismanagement of the virus means blame must be deflected to China if his polling falls. Speaking at a White House event recently, Trump told reporters China may or may not keep the trade deal. We cover what that could mean for global markets, and it's impact on Australia's economy. We'll conclude by discussing the investment implications of this going forward

Join Nucleus Wealth’s Head of Investments Damien Klassen, Chief Strategist David Llewellyn-Smith, and Head of Operations Tim Fuller as they cover “IS AUD a Coronavirus safe haven?”

Listen in podcast form here with the webinar slides to see referenced charts

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Timestamps (approx) 

1:20 agenda
2:14 Rhetorical virus war underway, with tit for tat. escalating rhetoric
5:00 Trump reigniting the trade war in retaliation
7:00 Trump fumbling his coronavirus execution.. needs a scapegoat
9:00 biden vs trump election
12:30 demand deficit
 14:30 a rerun of the great depression?
 21:20 market implications: tariffs, commodities, deflation, aud & usd, Gold

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The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management, a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796.

Damien Klassen
Head of Investment
Nucleus Wealth

Damien runs asset allocation and global stock portfolios for Nucleus Super, Nucleus Ethical and Nucleus Wealth. His 25 year+ career includes Global Quant at Schroders, Strategy at Wilson HTM & co-founder of Aegis.

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