(Aug 19): The Tantallon India Fund closed -4.58% in July. The fault lines between tweets have finally been exposed, with the renminbi breaking its RMB7:US$1 floor. The harsh economic costs of a protracted trade conflict, the unprecedented mass demonstrations in Hong Kong challenging China’s hegemony, the rolling conflicts in the Middle East and the uncertainty posed by Johnson-ian bluster and bravado in the UK would suggest that geopolitics are likely to further erode fragile investor confidence.

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