Guy Stephens: Living for today in the US of A

‘Trump First’, not America

clock • 5 min read

Donald Trump's quick-fire decisions on tax and financial issues have the potential to impact the US economy for years to come, argues Guy Stephens

The investment environment really was getting very dark last week, whether it was Brexit in the UK, Italy in the EU, or Donald Trump's usual variety of weekly threats, which involved Saudi Arabian sanctions, extracting the US from Russian nuclear deals or more Chinese tariffs. There is a point where the market seems to say ‘enough is enough' on the downside and then momentum kicks in and the buyers come back. This is the reverse of what we saw earlier in the month where the negatives seemed suddenly to overwhelm the bulls, leading to the sell-off. Now the same negatives and a few more...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

What two pizzas tell us about Bitcoin

What two pizzas tell us about Bitcoin

Laszlo Hanyecz really needed a slice...

Laith Khalaf
clock 19 December 2024 • 6 min read
Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Bank of England MPC meeting due on Thursday

Sorin Dojan
clock 18 December 2024 • 3 min read
Trump, tariffs and why UK companies can still appeal

Trump, tariffs and why UK companies can still appeal

Is a trade war inevitable?

Sheldon MacDonald
clock 11 December 2024 • 4 min read