Trump is going after a huge prize, so this sell-off could get worse
It’s too easy to blame the correction that’s rocked markets this week on Trump’s noise and chaos. This administration is going after a huge prize, and investors need to understand it.
Trump’s election has caused a violent swing in sentiment on markets. David Rowe
While Australia’s politicians were getting all worked up about Donald Trump’s tariff hit on our puny steel and aluminium exports, perhaps they should have been worried about the hit to our $4.2 trillion superannuation savings pool.
Australia’s system of mandatory savings may be lauded as an international success story, but its ever-increasing size and scale make us uniquely exposed to gyrations in global markets.
James ThomsonColumnistJames 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
