Irish Life revises down equities position amid tariff related volatilty

Irish Life said client concerns were 'understandable in times like these'

Irish Life now has a 'neutral' position on equities due to tariff risk. Picture: Michael Santiago/Getty

Irish Life has revised down its growth outlook for equities and instead revised up the expected performance of government bonds as stock markets around the world reel from the implementation of US tariffs.

Earlier this month, US president Donald Trump’s tariff announcement caused a severe decline in stock markets around the world, but most notably in the US. Despite Mr Trump reversing course and reducing the tariffs on all countries to 10% for 90 days, with the exception of China, markets continue to remain volatile.