Much is being written about the deteriorating relationship between the US and China and the long-term geopolitical shifts underway. A very different, confrontational future is being imagined and many argue that the centre of global power is shifting East. Currently, however, the contrast in economic momentum between the world’s two largest economies is stark, with the US doing better than expected while China is struggling.
Read more in the latest Prosperity by Private Clients, which gives a monthly market and economic update as well as an overview on recent developments within some of the companies held in our model portfolios.