The recent reprieve in global financial meltdown is an encouraging sign US President Donald Trump has not completely turned his back on markets – or is simply not able to – but investors warned the risk is far from over.
In the 100 days since he took office for his second term, markets have been battered by a savage swing from a vote-winning business-first agenda to an America-first (against all odds) one. A pro-business ‘Trump bump' initially saw the S&P 500 hit a new record high in February but, by March, it had slumped into correction territory as the president began to unveil his protectionist tariff plans, before bottoming on 8 April following a brutal loss of investor confidence post-‘Liberation Day'. 100 days of Trump 2.0 in charts: Fed rate cuts, S&P 500 crash and questions over Treasuries ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
