The turmoil we are currently seeing in stock and bond markets is just one battle in the war that has been going on in capital markets for a long time: debt versus equity versus central banks.
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Trump’s protectionist measures could lead to higher interest rates
Remember when Donald Trump hinted that he would threaten to restructure the US debt to get better terms on it? His protectionist measures may “help” him to achieve some sort of restructuring, but not in a good way.