When 2 tribes go to war - Budgets v Markets | Metals Mine

  • When 2 tribes go to war - Budgets v Markets

    From think.ing.com

    It makes a change for us weary UK economists when it's someone else's Treasury squaring up to the bond market; I'm still scarred by Liz Truss's 45 days in office when the markets told her exactly - and quickly - what they thought of her uncosted tax-cutting budget. And while Britain may soon see market turbulence again, step forward, Paris this week, as political turmoil and unresolved budget dramas caught the eye of bond investors once more. This stuff matters. A lot. The past five years - from the pandemic to Europe’s energy shock – show that government budgets really steer the macro ship. Central banks merely ... (full story)

Comment Options
Thouf
Oct 10, 2025 3:02pm
Permalink
Interesting point — it really shows how much fiscal policy drives the market mood these days. What do you think the ECB’s next move will be with all this going on?
Reply
    •   Newer Stories
    Do We Need to Start Worrying About US Inflation Again?

    From economics.bmo.com|Oct 10, 2025|6 comments

    Week two into the federal government shutdown and the economic fog is thickening just as the Fed contemplates another quarter-point rate cut on October 29. We still await almost ...

    Trump: Will impose a tariff of 100% on China, starting November 1st

    From @realDonaldTrump|Oct 10, 2025|96 comments

    It has just been learned that China has taken an extraordinarily aggressive position on Trade in sending an extremely hostile letter to the World, stating that they were going to, effective November 1st, 2025, impose large scale Export Controls on virtually every product they make, and some not even made by them. This affects ALL Countries, without exception, and was obviously a plan devised by them years ago. It is absolutely unheard of in International Trade, and a moral disgrace in dealing with other Nations.Based on the fact that China has taken this unprecedented position, and speaking only for the U.S.A., and not other Nations who were similarly threatened, starting November 1st, 2025 (or sooner, depending on any further actions or changes taken by China), the United States of America will impose a Tariff of 100% on China, over and above any Tariff that they are currently paying. Also on November 1st, we will impose Export Controls on any and all critical software.It is impossible to believe that China would have taken such an action, but they have, and the rest is History. Thank you for your attention to this matter!DONALD J. TRUMPPRESIDENT OF THE UNITED STATES OF AMERICA *TRUMP: US WILL IMPOSE 100% TARIFF ON CHINA STARTING NOV 1 *TRUMP: US TARIFF ACTION BASED ON CHINA'S EXPORT CONTROLS *US TO IMPOSE EXPORT CURBS ON CRITICAL SOFTWARE TO CHINA NOV 1

    Canada Will Review Trump Minerals Deals Carefully, Minister Says

    From finance.yahoo.com|Oct 10, 2025

    Canada needs to assess US government investments in the country’s critical minerals companies on a “case-by-case basis” at a time when the Trump administration is pursuing a ...

  • Story Stats

  • Related Stories