President Trump’s global tariffs have sent stock markets worldwide into a tailspin, and the S&P 500 on Wednesday was close to tumbling into bear market territory. Mr. Trump has seemed unmoved by the decline, signaling […]
Tag: Donald J
Bessent Takes Tricky Center Stage as Trade Wars Roil U.S. Economy
The traditional gathering of former Treasury secretaries to welcome a newly minted one into the fold is usually a lighthearted and pleasant affair. But when the group convened this month, on President Trump’s “Liberation Day,” […]
Prepping for War With Russia at 36 Degrees Below Zero
The Finnish Defense Forces sent out an urgent message: We are being invaded. We need help. Hundreds of American troops — part of a new Arctic division — boarded planes in Fairbanks, Alaska. Their flight […]
Investors Seeking Safety Look to German Government Bonds
Germany has long taken flak from Wall Street and financial capitals around Europe for the extreme fiscal conservatism that has kept the country’s debt levels low. But as global markets convulsed this week, investors rewarded […]
Bond Market is Upended by Trump’s Tariffs
The bedrock of the financial system trembled this week, with government bond yields rising sharply as the chaotic rollout of tariffs shook investors’ faith in the pivotal role played by the United States in the […]