Good afternoon, Economists are locking in forecasts for another interest rate cut by the Reserve Bank next month as the trade war sparked by US tariffs hikes threatens to derail the global economy. Chinese electric vehicle maker BYD is adamant Donald Trump’s trade war will have little impact on its ambition to outmuscle Tesla as the world’s biggest EV brand. Cash usually offers poor long-term investment returns – but when it comes to making the most of a market opportunity, it’s a winner. |