From Tariffs to Troops, Markets Are Tuning Out the Noise
How? There’s one thing the White House is playing like a maestro.
Mike Waltz, US ambassador to the United Nations, rings the bell.
Photographer: Michael Nagle/BloombergTo get John Authers’ newsletter delivered directly to your inbox, sign up here.
On the face of it, the headlines of the last few days should be toxic for stock markets across the world, and particularly in the US. The administration faces the imminent risk of a government shutdown, as Republicans and Democrats continue to be logjammed. In the wake of an assassination, the latest news is that federal troops are being sent to Oregon. But markets are used to looking through scary political headlines, and are usually right to do so.
