Don’t touch Boots!
‘Don’t stress over short-term stock market swings’ is a maxim on which Donald Trump and I might agree, even if he is keen to take credit for upward rallies. The shakedown of the past few days is a natural reaction to the wild six-week ride of Trump’s tariff and foreign policy gambits and the realisation that if he keeps it up, he’s far more likely to harm the US economy than boost it. But with a mad king surrounded by madder courtiers anything can happen, including ever more eccentric reversals. So watch the White House tragicomedy but don’t get hung up on the Dow Jones index. But having said that,
