Trump just set off a chain reaction across global markets
There’s a good argument, of course, that what Donald Trump is doing is long overdue. But for investors, the shift in the fiscal impulse really matters.
You can’t say Donald Trump isn’t making things happen.
The ramifications of the US president’s rapid, historic policy regime changes – the removal of America’s implicit security guarantee for the Western world and the biggest change to global trade in 50 years – are already shaking global markets in ways investors couldn’t have foreseen just days ago.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
