IN ITS SCOPE and severity, the trade war took markets by surprise. On April 3rd, the day after President Donald Trump laid out an unprecedented array of tariffs, the Russell 3000, one of the broadest measures of the American stockmarket, fell by 5%. It then fell by 6% on April 4th, when China announced that it would strike back with a duty of 34% on all American goods. Market pricing in a range of asset classes tells a worrying story: investors are expecting a severe economic slowdown.
Interior of cheese monger specialist cheese shop, Mons cheese mongers, East Dulwich, London, England, UK. Geography Photos | Universal Images...
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 134.15 points or 0.30% to...
Measure what is measurable, and make measurable what is not so. -Galileo Galilei Any science contends with a difficult problem:...
Among firearms pastimes, plinking, casual shooting at cans, offers a useful analogy for the Trump administration’s growing military activity in...
Treasury Secretary Scott Bessent expressed confidence Tuesday that a trade deal with China is near.With so-called reciprocal tariffs set to...
I had the pleasure of appearing on Charlie Kirk’s program a few times over the years and I always found...
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