oil rig and sunset representing saudi arabia oil attacks 09.2019

Our Brief Weekly Economic and World Markets Overview from Quilter Cheviot

Economic Overview

by Richard Carter, Head of Fixed Interest Research

“It has been an eventful few days at home and abroad. Trade tensions between the US and China seem to be easing although the attack on the Saudi oil facilities over the weekend raises some new concerns for the global economy. Much will depend on the US response and whether the situation escalates from here…”

Market Overview

By Chris Beckett, Head of Equity Research

“Events in Saudi Arabia at the weekend are a useful reminder of the event risk faced by a portfolio and the benefits of diversification to smooth investment returns. Donald Rumsfeld introduced the world to the concept of known unknowns. We always have known that the success of equity investments will be influenced by geopolitical concerns in the Middle East… ”

Investors should remember that the value of investments, and the income from them, can go down as well as up. You may not recover what you invest. This commentary has been produced for information purposes only and isn’t intended to constitute financial advice; investments referred to may not be suitable for all recipients. Any mention of a specific security should not be interpreted as a solicitation to buy or sell a specific security.