Tariff Noose Tightens Even As Investors Buy Riskier Assets… But…

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. Investors are aggressively buying into riskier assets, sending bitcoin and companies focused on artificial intelligence to new highs as they shrug off months of uncertainty caused by the Trump administration’s policies. Yet the World Bank last month cut its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying that higher tariffs and heightened uncertainty posed a “significant headwind” for nearly all economies. Both the S&P 500 and […]