“Surging US stock markets sound alarm for ‘overheating economy'” reads the main headline on the Financial Times. It quotes one of the world’s biggest bond fund managers, Dan Ivascyn at Pimco, as saying “US equity markets could suffer a reversal after hitting record highs since Trump was elected president”. The paper offers full coverage of what it says could be other election result ramifications under the headline “Trump unleashed”. In other news, the paper reports attacks on Israeli football fans in Amsterdam “spark diplomatic incident”.
“UK mortgage rates set to stay higher in 2025 thanks to Reeves and Trump” is the headline on the I paper, referring to both the UK chancellor and the incoming US president. It quotes a “4% prediction for end of next year instead of steeper drop”. The paper also carries a picture of King Charles III in full royal regalia captioned “Britain’s secret weapon with Trump 2.0”. Elsewhere, an I…
As market-wide fear grips the sector, the Binance Coin...
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