Despite promises from the president’s advisers of a major push on tax reform this week, the severity of the political discord in Washington and the growing divisiveness of Trump’s administration are forcing investors to seriously question the stretched valuations of US stocks and the historically low spreads, or risk premia, in corporate debt markets. Photo: AFP
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Fear begins to creep back into financial markets, with Trump taking centre stage

There’s clear evidence that international investors are starting to fret about a sharp fall in asset prices, spooked by risk aversion and volatility

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Despite promises from the president’s advisers of a major push on tax reform this week, the severity of the political discord in Washington and the growing divisiveness of Trump’s administration are forcing investors to seriously question the stretched valuations of US stocks and the historically low spreads, or risk premia, in corporate debt markets. Photo: AFP
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