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June 13, 2025
Israel’s sweeping attacks on Iran early on June 13 raised global risks. Markets reacted immediately. Oil prices rose. Money moved into traditional safe assets, including gold and – to some extent – the dollar and US Treasuries. But the risk off mood was not dramatic.
May 16, 2025
President Trump has said that he loves tariffs. He also loves deals. This week, equity markets cheered that the dealmaker triumphed over the tariff-lover – at least for the time being.
April 25, 2025
Dramatic policy shifts in the US in April can make it seem like an exercise in nostalgia to look back on the first quarter of this year.