Joe Rennison

5 days ago | afr.com | Ben Protess |Andrea Fuller |Joe Rennison

Ben Protess, Andrea Fuller and Joe RennisonApr 19, 2025 – 10.01am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? When President Donald Trump paused a punishing round of global tariffs last week, he attributed his change of heart to one main thing. “I was watching the bond market,” he said. “The bond market is very tricky.”Loading...

5 days ago | nytimes.com | Ben Protess |Andrea Fuller |Joe Rennison

As of August, the president's investment portfolio showed significantly more in bonds than in stocks. It is unclear if his personal holdings had any bearing on his decisions regarding tariffs. When President Trump paused a punishing round of global tariffs last week, he attributed his change of heart to one main thing. "I was watching the bond market," he said. "The bond market is very tricky."Mr. Trump should know - he had a big personal stake in it.

1 week ago | nytimes.com | Joe Rennison |Colby Smith

"This is not normal," Ajay Rajadhyaksha, global chairman of research at Barclays, wrote in a report on Friday. Grappling for an explanation, Mr. Rajadhyaksha pointed to speculation by Asian investors who are selling in response to tariffs, as well as the possible unwinding of highly leveraged bets in the Treasury market. "Whatever the reason, right now, bond markets are in trouble," he said.

1 week ago | nytimes.com | Joe Rennison |Eshe Nelson |River Akira Davis

Wendong Zhang, an assistant professor of applied economics and policy at Cornell, pointed out that "many products that the U.S. imports are predominantly from China," including 73 percent of smartphones, 78 percent of laptops, 87 percent of video game consoles and 77 percent of toys. "Resourcing from other countries will take time and result in much higher costs," Mr. Zhang said in an interview on Wednesday. Few corners of the stock market were spared.

2 weeks ago | ourcommunitynow.com | Alan Rappeport |Ana Swanson |Tony Romm |Joe Rennison

Share Stocks soared on Wednesday after President Trump abruptly announced he would back down on his “reciprocal” tariffs for 90 days, with the S&P 500 rising 9.5 percent — its sharpest single-day gain since October 2008.Wall Street’s gleeful embrace of the policy reversal reflected relief that Mr. Trump would not follow through with most of his plans for the tariffs, which had sent markets into a tailspin and threatened to upend global trade.While many countries would have their tariffs...