Don Curren 🇨🇦🇺🇦Mar 10
1 Bloomberg: Donald Trump's decision to attack #Iran has injected a new and potentially long-lasting #shock into the #globaleconomy at a time when investors were already grappling with an array of forces threatening to upend their confidence. 🧵
Show threadDon Curren 🇨🇦🇺🇦Mar 10
2 Bloomberg: There’s the emergence of #AI as a #disruptive #technology. There are the soured #loans starting to pop up in the booming #private-credit industry. There's the softening of the #US #jobmarket. And there's the stubbornly high #inflation … 🧵
Show threadDon Curren 🇨🇦🇺🇦
3 Bloomberg: … that's casting doubt on whether the #Fed will be able to resume cutting interest rates — and possibly even force #centralbanks in #Europe to start raising them. 🧵 #markets
Mar 10 at 12:48pmWeb
Show threadDon Curren 🇨🇦🇺🇦Mar 10
4 Bloomberg: Each shock alone may be manageable. But together, they are creating new fragilities in #global #markets that no single policy lever can fix, making it different than, for instance, the rout sparked a year ago by Trump’s #tariff rollout.