Latest stock market news
• In the morning, the stock markets of Japan and China are falling by an average of 1%. Futures on US stock indices are also under slight pressure (-0.3%) - all after new tariff threats.
• Markets are riding the waves of TACO and FAFO.TACO (Trump Always Chickens Out) is a term coined by a Financial Times columnist and used to describe Trump’s hesitation on tariffs following his April 2 “Liberation Day” speech. When asked about TACO at a recent press conference, the president responded sharply, calling the question “disgusting.”FAFO (Fuck Around and Find Out) is...
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