iSAM Expands UK Presence with Move to New London Headquarters

Good morning, and welcome to another round of “don’t check your investment portfolios.” Treasuries are down, and Asian stocks have sunk to their lowest level since January 2024, as tariffs on China have been hiked to a 100-year high.

Global indices are steadily rebounding after the turmoil of the past few trading days. The HK50 remains down, as optimism and priority for tariff negotiations appear higher in other markets.

Post-Friday’s holiday, the Hang Seng is currently down 11%, marking its biggest intraday drop since 2008, following Beijing’s announcement of 34% tariffs on all imports from the US.