How to protect your portfolio from Trump’s trade wars

Many clouds have been gathering – not least the Trump factor and rapidly rising leverage in China – making it difficult to be too buoyant about prospects for the stock market in the months ahead. For those who thrive, selectivity will be key

Whether you are bullish or bearish, there will always be negatives of one kind or another when it comes to equity markets. The factors that drive them are so many and varied that prediction is massively difficult.

The current market jitters are, of course, a product of several different elements. Let’s start with protectionism and the threat to free trade. It is not an inconsequential issue. Until the advent of Trump there was ...