FT News Briefing Markets brace for Trump-era volatility
37 snips
Jan 22, 2025 Netflix's record addition of 19 million subscribers, driven by live sports, highlights a vibrant streaming market. Meanwhile, the U.S. stock market reacts positively to the new presidential administration, reflecting investor optimism. On the tech front, ByteDance plans a hefty $12 billion investment in AI chips, shaking up the landscape. However, in China, citizens express skepticism about the government's economic growth claims, revealing a disconnect between official statistics and public sentiment.
AI Snips
Chapters
Transcript
Episode notes
Market Reactions to Trump
- US stocks rose while currencies fluctuated after Trump's inauguration.
- Investors are optimistic, believing Trump's policies will boost US growth.
Relief Over China Tariffs
- Investors are relieved Trump hasn't targeted China with tariffs yet.
- Trump's campaign threats against China caused market uncertainty.
Currency Volatility
- Currencies like the Mexican and Canadian dollar initially fell against the US dollar but rebounded.
- This reversal suggests relief that Trump hasn't imposed tariffs immediately.