After the euphoria came the sobering reality. Following the stock market rally since November, sparked by the re-election of Donald Trump as the new US president, we are now witnessing a direct destruction of capital. Since the Republican’s inauguration, the US market has officially lost US$10 trillion. It remains to be seen to what extent the strategy of punitive tariffs, the opening of trade disputes, and the disruption of supply chains will continue to shake the markets. In particular, companies that serve markets outside the US and can produce their raw materials domestically are likely to benefit the most.
Porr AG – Unjustified sell-off
The panic on the stock markets, triggered by the announcement of the US punitive tariffs, sent investors into fear and panic in the second half of the week. Companies across the board lost double-digit market value regardless of whether they were affected by the tariffs…
