Bloomberg (March 4)
A roller coaster day left the S&P 500 Index ”at its lowest level since Nov. 4, the day before Trump was elected…. The dizzying ride provided a preview of the difficulties facing investors, who now must figure out how to price American assets in what essentially amounts to a new world order created by Trump’s tariffs on China, Canada and Mexico.” The volatility and steep decline are “a comeuppance for those on Wall Street who bet big on Donald Trump’s election win, trades that powered the equity market higher along with the dollar and Treasury yields. The bet that Trump wouldn’t do anything to disturb the stock market rally has, for now, been lost.”
Tags: Assets, Canada, China, Comeuppance, Dizzying, Dollar, Investors, Mexico, New world order, S&P 500, Stock market, Tariffs, Treasury yields, Trump, Volatility, Wall Street
Financial Times (March 27)
“The price of cocoa surged past $10,000 a tonne for the first time on Tuesday, as a dizzying rise in prices caused by poor harvests in Africa accelerates. Cocoa futures traded as high as $10,080 in New York, more than double their price only two months ago, as traders warned a global shortage of cocoa beans would herald higher price tags for chocolate bars.”
Tags: Africa, Chocolate bars, Cocoa, Dizzying, Double, Futures, Higher, New York, Poor harvests, Price, Shortage, Surged, Traders
Financial Times (July 2)
“Some of the biggest investment banks and fund managers have advised their clients to take profit from the dizzying rally on Wall Street that followed the mid-March crash. Instead, they say, look to Europe.”
Tags: Advised, Clients, Crash, Dizzying, Europe, Fund managers, Investment banks, Profit, Rally, U.S., Wall Street
New York Times (April 20)
A recent spate of “dizzying” progress on the Equal Rights Amendment (E.R.A.) is both an ironic and probably unintended consequence of the Trump presidency. “Now, on Mr. Trump’s watch, feminists could reach a goal nearly a century in the making…ratification of the Equal Rights Amendment to the Constitution.” The fight was started so long ago that a recent poll found “80 percent of respondents thought the Constitution already explicitly guaranteed equal rights for women and men.” It doesn’t. Not yet…anyway.
Tags: Amendment, Constitution, Dizzying, E.R.A., Feminists, Progress, Ratification, Trump
