{"id":778,"date":"2018-09-10T08:58:05","date_gmt":"2018-09-10T12:58:05","guid":{"rendered":"https:\/\/twmg.net\/wealth\/?p=778"},"modified":"2018-09-10T08:58:05","modified_gmt":"2018-09-10T12:58:05","slug":"trade-risks-exacerbate-late-cycle-pressures","status":"publish","type":"post","link":"https:\/\/twmg.net\/wealth\/en\/twmg\/778","title":{"rendered":"Trade risks exacerbate late-cycle pressures"},"content":{"rendered":"<p>Trade risks exacerbate late-cycle pressures<br \/>\nThe U.S. and global business cycles are maturing.<\/p>\n<p>\u25a0 The risk of U.S. recession remains low, but late-cycle pressures such as tight labor markets and monetary tightening have been on the rise.<br \/>\n\u25a0 Corporate tax cuts have boosted U.S. markets and partially offset these late-cycle pressures, but their effects are likely to fade while monetary policy grows tighter.<br \/>\n\u25a0 China has begun to ease policy amid growing economic weakness, reflecting a maturing global business cycle.<br \/>\n\u25a0 Rising trade risks reinforce late-cycle conditions by amplifying inflationary and profit-margin pressures.<br \/>\n\u25a0 Relative performance among asset classes has been less consistent during past late cycles, implying smaller cyclical allocation tilts and an emphasis on diversification.<\/p>\n<p>Read the full report<\/p>\n<p><a href=\"https:\/\/www.twmg.net\/library\/News\/Fidelity_2018-08_global_trade_risks.pdf\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" class=\"alignnone wp-image-231 size-full\" src=\"https:\/\/twmg.net\/wealth\/wp-content\/uploads\/2017\/02\/read.png\" alt=\"Read\" width=\"116\" height=\"42\" \/><\/a><\/p>\n<p><span style=\"font-size: 12px;\">Courtesy of Fidelity Investments<\/span><\/p>\n<p><span style=\"font-size: 12px;\">Although the above information has been compiled from sources believed to be reliable, as at the date indicated, we cannot guarantee its accuracy or completeness. The information is provided solely for informational and educational purposes and is not to be construed as advice in respect of securities or as to the investing in or buying or selling of securities, whether express or implied. All data provided is subject to change without notice.\u00a0 Fidelity Investments is a registered trademark of Fidelity Investments Canada ULC.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trade risks exacerbate late-cycle pressures The U.S. and global business cycles are maturing. \u25a0 The&hellip;<\/p>\n","protected":false},"author":1,"featured_media":779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,5],"tags":[],"_links":{"self":[{"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/posts\/778"}],"collection":[{"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/comments?post=778"}],"version-history":[{"count":3,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/posts\/778\/revisions"}],"predecessor-version":[{"id":782,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/posts\/778\/revisions\/782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/media\/779"}],"wp:attachment":[{"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/media?parent=778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/categories?post=778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/twmg.net\/wealth\/wp-json\/wp\/v2\/tags?post=778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}