In August, the financial markets saw a surge in volatility as North Korea threatened missile launches that would target the US territory of Guam.
Equity markets in the US and across the globe reported heavy losses as risk aversion set in.
Bonds, especially U.S. Treasuries (GOVT), are considered one of the safest assets in which to park your funds in times of uncertainty.
Last week’s rising geopolitical tensions between the United States and North Korea turned the tide for the yen. The Swiss franc also appreciated.
The safe havens that benefit the most in times of uncertainty include gold (GLD) and U.S. Treasuries (GOVT).
Some companies benefit in times of uncertainty, and some sectors provide cover for investors.
The last few days have been tense for the markets after the war of words between President Trump and the North Korean regime, and all the major indexes turned negative.
According to North Korea, it recently launched an intercontinental ballistic missile. The move has come just ahead of the annual G20 meeting that’s scheduled for July 7–8, 2017.
President Donald Trump’s administration has ordered a Section 232 investigation to discover whether steel imports are a threat to US national security.
Apple has created a $1.0 billion Advanced Manufacturing Fund to bring jobs to the United States. The first beneficiary of this fund is its glass supplier, Corning.