Over the last year global equities have enjoyed a continued rally despite Brexit, Trump and persistent news of an overheated market.
Yet, there has been the odd ‘wobble’ along the way, not least as a result of the fallout over North Korea’s nuclear missile tests. Over the last few weeks this tension has evidently escalated and frequent clashes with a belligerent Donald Trump have fuelled the flames of unease. Investors’ nerves have been tested and we have seen increasing uncertainty start to affect the markets in the short term.
After threatening and impassioned rhetoric coming from both Kim Jung Un and Donald Trump, this month we consider the impact of the threat of nuclear war on global equity markets and also review how the threat of war has affected markets historically.