It has been 22 months since Mr. Trump unleashed the trade war with China. He has singled out several other countries such as Brazil, Argentina, France and more. Are markets becoming too complacent? Markets have been very positive in the past few months with Europe picking up some steam to narrow the valuation gap. The markets no longer seeing a disorderly Brexit although the election in December may pose a threat to valuations in the UK. Instead, markets have been focusing