Trump versus the bond market: president-elect’s campaign rhetoric puts investors on edge
Some analysts fear ballooning federal debt and a bullish stock market means ‘something will surely snap’
Donald Trump’s return to the White House on Monday has the world economy on tenterhooks. Could the 47th US president govern broadly as he did last time, when his most extreme threats were ultimately softened? Or is this time different?
Corporate America’s biggest beasts have cosied up to the president-elect, but there are also serious jitters on Wall Street, amid investor fears that Trump’s most colourful campaign rhetoric will soon become a reality: risking a fresh inflation shock in the world’s largest economy. Continue reading...
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