Omnis market update 14 August
It was a volatile week for global stock markets as North Korea threatened the US territory of Guam, prompting a stern response from President Trump who threatened ‘fire and fury like the world has never seen’ if threats against the US continue. The S&P 500 and FTSE 100 both fell during the week, the latter hitting a three-month low. The Vix index, a measure of short-term volatility, hit its highest levels since Trump’s election victory in November. While market falls can be alarming, a diversified portfolio of investments can help smooth out negative returns over the long term.