Ruth Carson

1 week ago | news.bloombergtax.com | Carter Johnson |Saleha Mohsin |Ruth Carson

There is no better barometer of global investors’ repudiation of President Donald Trump’s policies than the dollar. Since he took office, it’s lost more than 10% of its value against the euro, pound and Swiss franc and is down against every single major currency in the world. The last time the dollar plunged this much, this fast was in 2010, when the Federal Reserve was frantically printing money to prop up the economy in the wake of the financial crisis.

3 weeks ago | news.bloomberglaw.com | Alice Gledhill |Ruth Carson

A spate of poorly-received longer-dated sovereign bond auctions worldwide has raised questions about the willingness of investors to fund the spending plans of governments from the US to Japan. Japan’s 30-year bond sale Thursday was the third in as many weeks to show signs of a cold shoulder from buyers, with one measure of demand the weakest since 2023.

1 month ago | news.bloombergtax.com | Anya Andrianova |Ruth Carson

A multi-asset unit of Fidelity International is now underweight the dollar as President Donald Trump’s policies have fueled a rotation out of US assets. The dollar could weaken further as pension funds, life insurers and other long-term investors continue to diversify away from the US, said Salman Ahmed, Fidelity International’s global head of macro and strategic asset allocation, calling it a structural shift.

2 months ago | news.bloombergtax.com | Isabelle Lee |Michael Msika |Ruth Carson

The market chaos unleashed by Donald Trump’s trade war continued for a third day as stocks, bonds and commodities all swung wildly, buffeted by both fears of a recession and speculation the financial damage will drive him to change course.

2 months ago | news.bloomberglaw.com | Isabelle Lee |Michael Msika |Ruth Carson

The market chaos unleashed by Donald Trump’s trade war continued for a third day as stocks, bonds and commodities all swung wildly, buffeted by both fears of a recession and speculation the financial damage will drive him to change course.