Investors slash US equity holdings by most ever, BofA survey shows
Threat to global growth from Trump’s trade tariffs sparks ‘bull crash’ in fund manager sentiment
Read more at Financial Times
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Gold surges above $3,000 for the first time as investors seek a haven from Trump tariffs
Some 52% of global fund managers told Bank of America in a survey that they view gold as "the best hedge against a full-blown trade war."CNBC - 3d -
Trump trade wars are slowing global growth and fuelling inflation, says OECD
Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs. Business live – latest updates Donald Trump’s trade wars are splintering the global ...The Guardian - 1d -
Consumer sentiment slumps in March to lowest since 2022 as Trump tariffs spark more inflation worries
The University of Michigan's Survey of Consumers was expected to show a reading of 63.2 for March.CNBC - 4d -
Trump Expands Trade Threats in Global Game of Chicken
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.The New York Times - 4d -
Trump tariffs push consumer sentiment to lowest level since 2022
President Trump's escalating trade wars have shaken confidence in the economy among Americans across the political spectrum, according to survey results released Friday. The University of ...The Hill - 4d -
US junk bonds slide as Trump’s tariffs spark economic worries
Premium investors’ demand to hold riskier debt jumps to highest level in six monthsFinancial Times - 5d -
Consumer sentiment sours amid trade war, recession fears: Survey
The Trump administration's tariffs last week set off a market slump.ABC News - 4d -
US exits fund that compensates poorer countries for global heating
Trump pulls out of Cop28 loss and damage deal that recognises harms done by richer, polluting economies to vulnerable nations. The Trump administration has withdrawn the US from a global agreement ...The Guardian - Mar. 7 -
U.S. Consumer Sentiment Drops as Inflation Anxiety Soars
A new survey from the University of Michigan shows Americans bracing for economic pain as tariffs and policy uncertainty bite.The New York Times - 4d
More from Financial Times
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Labour unveils disability benefits reforms that aim to save over £5bn
Move risks stoking biggest backbench rebellion of Sir Keir Starmer’s premiershipFinancial Times - 2h -
US Chief Justice rebukes Trump after president’s threat to impeach judges
John Roberts issues rare statement to say attacks on judicial branch of government are not ‘appropriate’Financial Times - 14m -
Will anybody buy a ‘Mar-a-Lago accord’?
The US president wants both to protect domestic manufacturing and hold the dollar as the reserve currencyFinancial Times - 59m -
The US establishment is scared of its own shadow
Fear and muddled thinking are stopping Trump’s opponents from acting in defence of a democracy in perilFinancial Times - 5h -
Germany’s parliament approves Merz’s €1tn spending plan
Chancellor-in-waiting uses outgoing Bundestag to loosen debt brake and unleash investments in defence and infrastructureFinancial Times - 38m
More in Business
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US Chief Justice rebukes Trump after president’s threat to impeach judges
John Roberts issues rare statement to say attacks on judicial branch of government are not ‘appropriate’Financial Times - 14m -
Intel’s stock is on a five-day hot streak — but it’s still below last month’s highs
Despite excitement over Intel’s new CEO, shares are still below the company’s year-to-date highs — in February, when investors were expecting an imminent breakup.MarketWatch - 16m -
Egg Prices Have Dropped, Though You May Not Have Noticed
Wholesale egg prices are about half what they were last month. Fewer bird flu outbreaks and weakened consumer demand are contributing to the decline, economists say.The New York Times - 16m -
Supreme Court chief justice rebukes Trump over call to impeach judge in deportation case
Trump's demand came a day after Chief Judge James Boasberg grilled a Department of Justice lawyer about deportations of alleged Tren de Aragua gang members.CNBC - 17m -
Texas has 'stronger brand than New York' as Wall Street looks south, Gov. Greg Abbott says
The Texas governor spoke to CNBC after the Nasdaq announced it was opening a regional headquarters in Dallas.CNBC - 26m