Has Liberation Day Reversed?

Edmond de Rothschild Asset Management provides a timely update on global market dynamics shaped by the dramatic escalation of U.S.–China tariffs and shifting investor sentiment.

Key Insights:

• Tariff Turbulence: U.S. tariffs surged up to 125% on Chinese goods; China retaliated with the same. A temporary 90-day truce was declared but excluded China.
• Market Reaction: Extreme volatility followed by partial recovery; gold hit $3,200/oz, U.S. equity indices posted sharp declines.
• Europe Holding Up: EU retail sales rose; France posted 0.2% GDP growth in Q1 despite tariff exposure.
   

Access the full report for a deeper dive into positioning strategies amid policy shocks and global uncertainty.