Average Price Performance of Gold, Oil and Base Metals during Four Military Conflicts

Average Price Performance of Gold, Oil and Base Metals during Four Military Conflicts This chart shows the average price performance of gold, oil and base metals during the following military conflicts: 1980 Iran-Iraq War, 1990 Gulf War, 2003 Iraq War, 2011 NATO-led military intervention in Libya. Image: J.P. Morgan Commodities Research

US-China Trade War and Past Major Trade Conflicts

US-China Trade War and Past Major Trade Conflicts In the past, tariffs were in place for long periods of time. The US-China trade war is hitting global growth, by his importance, size and scope. Image: Goldman Sachs Global Investment Research

FMS Investors – Biggest “Tail Risk”

FMS Investors – Biggest “Tail Risk” FMS investors view geopolitical conflict as the biggest “tail risk” for the global economy, given their concern about its potential adverse impact on financial markets and investments. Image: BofA Global Fund Manager Survey

U.S. Treasury Market Depth

U.S. Treasury Market Depth The U.S. Treasury market depth remains very low since the Russia-Ukraine conflict. Image: Goldman Sachs Global Investment Research

Commodities – UN Food Price Index

Commodities – UN Food Price Index The Russia-Ukraine conflict drives food prices to record high. Image: BofA Global Investment Strategy

Commodities – Wheat Prices

Commodities – Wheat Prices The COVID-19 pandemic and the Russia-Ukraine conflict push food prices to record high. Image: BofA Global Investment Strategy

VIX – Market Shocks in a Historical Perspective

VIX – Market Shocks in a Historical Perspective The volatility of the Russia-Ukraine conflict on U.S. stocks is equivalent to that of the Gulf War (1990–91). Image: Pictet Asset Management