Reposted by Tommy Stubbington
Investors are asking questions about whether they can trust the US that would have been *ridiculous* a few months ago. IDK how/whether Uncle Sam can get the trust back.
Me on a bonkers/terrifying few days in markets and what it all means: on.ft.com/4ct5Qnv
(First 300 clicks free)
on.ft.com
Donald Trump has added a political risk premium to US assets
[FREE TO READ] Parking money in America is no longer the routine, fuss-free, neutral option