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Lazy Days of Summer?

Weekly investor research

16 July 2018

The Beach Boys’ Brian Wilson said “Summer means happy times and good sunshine. It means going to the beach, going to Disneyland, having fun.” Just as investors appeared to be heading to the beach and hoping for a more benign trade outcome, with some stability returning for the first time in many weeks, renewed tariff threats and friction at the NATO summit reminded us that the appetite for risk assets remains constrained.

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