This is according to Fabiana Fedeli, M&G Investments’ chief investment officer for equities, multi-asset and sustainability.
Fedeli said that Trump’s moves have caught companies and the market unprepared.
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“The breadth and depth of these tariffs have caught the world by surprise,” the CIO said.
“Companies have been making statements [to the ISM] about the unwillingness or inability to sign long-term contracts or make long-term plans. That is a very slippery slope.”
This was backed by Andrew Chorlton,…
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