U.S. President Donald Trump reacts with supporters during a campaign rally in Panama City, Florida, U.S., May 8, 2019. REUTERS
A fortnight ago, markets were going great guns, with the S&P 500 hitting record high, even as there was increasing evidence that global trade and many economies were slowing. Last week the markets took a sharp turn as the White House twittered that tariffs would once again be escalated for US-China trade.
With North Korea again testing missiles, Iranian tensions rising and US politics becoming more divisive by the day, what is going on?
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