Markets Jump On Trump’s Latest Change Of Tune!

Here we go again. Just yesterday, markets fell on Trumps comments concerning Fed Chair Jerome Powell, and by threatening to sack the head of the world’s most important central bank. Then the IMF came out with an economic update which slashed its US and global economic forecasts, warning that tariffs were ushering in a new era of slower growth. Elsewhere a finance industry trade group the IIF said the US faced a likely recession later this year, and Goldman Sachs Chief Executive David Solomon said uncertainty was “too high” holding back corporate decision-making and keeping asset prices under pressure. But […]