A new world order has emerged in the three weeks since President Trump on Apr. 2 announced “Liberation Day” and rolled out US tariffs. From an investing perspective it’s safe to say it’s been a shock heard around the world, and markets are furiously repricing a new set of risk factors for a radically different outlook for economic activity, financial assets, trade policy, and assumptions about safe havens.
Daily Archives: April 22, 2025
Macro Briefing: 22 April 2025
Gold surged to another record high in Monday’s trading, closing near $3,432 an ounce, and in early trading today it reached $3,500. “As tariff tensions continue to move at a fevered pitch, we continue to see gold prices move to the upside as a safe haven response,” said David Meger, director of metals trading at High Ridge Futures.