Diversification Is Not a Dirty Fifteen-Letter Word

Diversification is key amidst the current correction in equities

Highlights

• Diversification is key amidst the current correction in equities

• Japanese bond yield reaches 2008 high following hawkish BoJ comments

• A narrowing trade deficit does no good to America's capital markets

• Tariff pressures to tilt the BoC towards further easing

Key Takeaways

• Relief Rally Fizzles Fast: The relief rally in the U.S. equity market lasted a whole day, as futures are flashing red into the open. The latest bout of instability has come from Senate Democrat Leader Chuck Schumer who stated unequivocally that his party is not going to end up supporting the GOP stopgap funding bill, hanging in the balance is a partial government shutdown at midnight Friday — “Republicans do not have the votes.”