The Risks and Rewards of Protectionism

The video discusses trade restrictions, highlighting their impact on prices and specific industries like steel in the US. It explores global trade measures, noting a rise in protectionist actions despite free trade agreements. The evolution of trade is examined, showing a decline in trade growth relative to GDP, affecting economic strategies. The video concludes with insights into asset allocation, emphasizing bonds and emerging markets for better risk-adjusted returns.

Discuss the implications of the G20's promise not to introduce new protectionist measures since 2008.

What factors contribute to the current asset allocation strategies in the context of trade restrictions?