Markets in H1: Down with the dollar, up with guns

  • Posted on June 30, 2025
  • By Yahoo News
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Markets in H1: Down with the dollar, up with guns

LONDON (Reuters) -After U.S. President Donald Trump's radical campaign pledges, investors knew markets would get bumpy this year as he returned to lead the world's biggest economy. But look closer and the turmoil is clear: all of those markets have seen extreme swings over the last six months - and then there's the dollar. Vincent Mortier, chief investment officer at Europe's largest asset manager Amundi, puts this down to Trump's trade war, and particularly to what the president calls his "Big Beautiful" fiscal bill that will keep the U.S. deficit at 6-7% and its $36.2-trillion debt pile ballooning.
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