Second Trump Assassination Attempt Leaves Markets Unruffled
Financial markets are calm and there are no signs of a resurgence in the ‘Trump trade’ after Secret Service agents fired on a gunman at the former president’s Florida golf course. Prediction markets are still showing Kamala Harris holding a slight lead in the race to become the next US president, and assets that might benefit from a policy mix defined by tighter immigration, looser regulations, greater protectionism, and higher inflation – the dollar, Treasury yields, and bank, health, and energy stocks – are broadly softer. The euro, pound, yen, and Australian dollar are all up more than half a...