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Wall Street stocks fall after US jobs report smashes expectations
S&P 500 drops and Treasury yields rise as 256,000 positions added in December
Memories of rosy Christmas fade as UK retailers brace for tough 2025
Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation rise
Dollar dominance means tariffs are not the only game in town
America’s grip on global financial services could provide Trump with another source of leverage
FirstFT: The hottest year on record
Also in today’s newsletter, the resurrection of Andersen Consulting, and hiding savings from a significant other
EU fears Trump rolling back Biden-era measures
Bloc concerned about president-elect reversing US sanctions against Russia and other policies
UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this year
Whitepapers / Articles
A View from the Bridge - May 2024
The Bank of England were not expected to move policy rates at today’s meeting so the focus for markets was on the updated quarterly forecasts for growth and inflation along with the accompanying minutes of the two-day policy meeting.
PegasusCapital - 24/05/2024
