29 h. ago Leda Braga’s Systematica suffers as Trump’s trade war hits quant hedge funds

Sharp market reversals have wrongfooted many computer-driven traders betting on market trends

Events

3 d. ago Donald Trump is now badly wounded. Europe can seize an advantage | Will Hutton

It’s time to fashion a new global trade order without the USThe game-changing geopolitical event last week was the near collapse of the immense $29tn ­market in US government debt, threatening the stability of the American and global financial system and the safe-haven status of dollar assets.The US president boasted as the collapse unfolded that world leaders were queueing to “kiss his arse”. Twelve hours later, he was in the same humiliatingly weak position as the then British prime minister Liz Truss found herself after her tax-slashing “mini-budget” in 2022. The markets had forced him to pause for 90 days the swingeing range of “reciprocal” tariffs that he announced on what he proclaimed “liberation day”; instead he lowered all of them, bar that on China, to 10%. Continue reading...

Politics

4 d. ago Trump brags in Oval Office that his billionaire pals made a killing in stocks after he pulled the plug on tariffs

President Donald Trump gleefully recounted how much money his billionaire pals made on the stock market after he suddenly suspended most of his worldwide tariffs.

Events

5 d. ago Trump brags to NASCAR drivers that friend Charles Schwab made $2bn from stock market chaos

Video captured by the White House shows Donald Trump bragging that friend and investor Charles Schwab made two billion dollars from the current stock market chaos.

Politics

6 d. ago Trump says ‘I know what I’m doing’ before stepping back from global tariffs

President said at National Republican Congressional Committee dinner that world leaders are ‘kissing my ass’US politics live – latest updatesDonald Trump has insisted “I know what the hell I’m doing” by imposing sweeping tariffs and bragged that world leaders are “kissing my ass” as they try to negotiate trade deals.The US president was speaking to political donors at the National Republican Congressional Committee’s annual fundraising dinner in Washington on Tuesday night. Continue reading...

Politics

6 d. ago Trump brags world leaders are ‘kissing my ass’ as tariff chaos rocks markets

President boasts at National Republican Congressional Committee dinner: ‘I know what I’m doing’US politics live – latest updatesDonald Trump has insisted “I know what the hell I’m doing” by imposing sweeping tariffs and bragged that world leaders are “kissing my ass” as they try to negotiate trade deals.The US president was speaking to political donors at the National Republican Congressional Committee’s annual fundraising dinner in Washington on Tuesday night. Continue reading...

Politics

6 d. ago Trump calls tariff fallout a ‘war with the world’ and gloats over fellow leaders ‘kissing his a**’: Live

President’s reciprocal tariffs take effect on Wednesday, including 104% levy on Chinese goods

Politics

6 d. ago Trump brags world leaders are ‘kissing my a**’ and celebrates ‘great Hannibal Lecter’ at NRCC dinner

‘Please, Sir, make a deal. I’ll do anything. I’ll do anything, Sir,’ Trump mocked just hours before his sweeping reciprocal tariffs were imposed

Politics

6 d. ago Trump calls tariff fallout a ‘war with the world’ and gloats over world leaders ‘kissing his a**’: Live

President’s reciprocal tariffs take effect on Wednesday, including 104% levy on Chinese goods

Politics

6 d. ago Trump brags world leaders are ‘kissing my a**’ — as White House shuns several tariff calls: Report

President Donald Trump boasted Tuesday night that world leaders panicked by his gargantuan global tariffs are “kissing my a--” in desperate bids to reduce the levies.

Politics

7 d. ago Coronation Street spoilers as Theo exposed, Carl causes chaos, Sean hits rock bottom and Sarah's new love interest

Debbie Webster also makes an announcement and Lou Michaelis causes havoc in the ITV soap next week

Events

2 w. ago CHRISTOPHER BUCKTIN: 'Trump's bizarre brag over Barron's skills shows just how doomed we are'

Donald Trump gushed over his son Barron's tech skills this week, but if his dad's reaction is anything to go by, we're all doomed, according to The Mirror's US Editor Christopher Bucktin

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