4 Articles
4 Articles
Robert Peston makes Liz Truss comparison as disastrous Trump tariffs take effect
Robert Peston has blasted Donald Trump for creating a “Truss-style fiscal crisis” as his global tariff policy comes into effect. This week has seen stock markets across the world plunge in reaction to Trump’s wide-ranging tariffs on imports to the US. Monday saw huge losses in European, Asian and American markets with trillions wiped off the stock market. Despite small signs of recovery on Tuesday morning, the markets suffered further losses on …
Trump’s Liz Truss moment? – Humble Student of the Markets
Mid-week market update: Is this Donald Trump’s Liz Truss Moment? In the fall of 2022, UK prime minister passed a series of unfunded tax cuts. The bond market rebelled and sold off hard, especially in the long end of the yield curve. The massive sell-off forced a number of “hedged” pension funds into technical insolvency, […] To access this post, you must purchase Monthly subscription.
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