No Change to Allocations Yet

Joe Quinlan, Chief Market Strategist at US Trust-BOA Private Wealth Management tells us that for the moment, there is no requirement to change asset allocations yet despite the recent heighten geopolitical tensions in the Middle East. He however notes that Phase 1 of a trade deal between US-China is in the price but Phase 2 may be a long way off. So better value may be found in Europe and Japan for the moment.