About a year ago UK and US markets reached record highs with President Trump declaring “The reason our stock market is so successful is because of me”.
Now he is blaming Jerome Powell, Chairman of the US Federal Reserve (a man he appointed).
It is good to talk
I realise the title above sounds a little like a famous advert from the 1990s (other telecoms operators are available) but, at least during the last month, the world’s political and economic leaders have continued to talk. And talking is just what they need to do. Of course making a few decisions is even better… so thank goodness the season of perpetual hope is almost upon us. More on the global financial markets Christmas presents wish list later.