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Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter.
You may need missed it, however April is “Financial Literacy Month” within the US. On April 1 (sure, actually!) the White Home launched the next assertion from Donald Trump:
Throughout this Nationwide Monetary Literacy Month, I urge households, communities, colleges, and establishments to decide to bolstering their monetary information. There are superb assets out there to you and your loved ones by the Division of the Treasury’s web site that may help you in making sound monetary choices. Collectively, we will all defend every American’s proper to financial freedom, securing the promise of prosperity for generations to come back.
Kudos to the White Home for all all-time basic April Idiot’s joke, and H/T Richard Metcalf for the spot. Anyway, right here’s a choice of charts pilfered from varied sell-side analysis notes that present how the US authorities’s sound monetary choices are securing the promise of prosperity for generations to come back.
Tariffs up (zoomable picture):
Shares down (zoomable picture):
Credit score additionally clobbered (zoomable picture):
Bigly strikes just about in all places (zoomable picture):
But 10-year Treasury yield solely down by 25 bps (zoomable picture):
First-quarter earnings expectations fading (zoomable picture):
Fairness volatility up (zoomable picture):
Uncertainty up (zoomable picture):
Inflationary pressures climbing (zoomable model):
Unemployment expectations rising (zoomable model):
Business confidence down (zoomable picture):
Bankruptcies already rising (zoomable picture):
The GDP affect of tariffs (zoomable picture):
A lot of charge cuts getting priced in (zoomable picture):
However recession expectations nonetheless climbing (zoomable picture):
Additional studying:
— World shares tumble as Donald Trump presents no respite from tariffs (FT)
