From TACO To TUNA: The Markets’ Adventures In TrumpLand!

This is our weekly market update, where we start in the US, cross to Europe and Asia and end in Australia covering commodities and crypto along the way. Major sell-offs across US equities and bonds and a slide in the greenback this week sparked fears of a “sell America” trade. We had TINA (There Is No Alternative), then TACO (Trump Always Chickens Out) but this week, TUNA (Trump Usually Negates Announcements) as Trump climbed down on tariff threats over Greenland. Macquarie strategist Viktor Shvets’ comparison with the world of professional wrestling – lots of anger, most of it performative – […]