So what do you do when things are getting a bit hairy on the Covid front and the world is laughing at your Tulsa moment? You reignite the tariff war. Headlines out this morning have dominated the newswires and that's presumably exactly what the administration wanted to happen (I looked back to the last time we mentioned tariffs and it was in February - those glorious days when Covid was "just another type of flu"). Markets have reacted to the "new" uncertainty accordingly and we've been lower all day. Volumes not huge though so feels like more of a markdown than anything too dramatic.
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