UBS On-Air: Paul Donovan Daily Audio 'This green and pleasant land?'

Events around Greenland have four main areas of market focus. Threatened US tariffs appear more serious than those relating to Iran, and may be overturned by the US Supreme Court. However, they imply US consumer prices of goods from the EU and UK will increase 4% to 10% (within about six months). This may reinforce the narrative of the US affordability crisis.