Anthony Peters, BlockEx Markets
Anthony is from Manchester but was educated in Germany and Switzerland before taking a degree in History and Politics in his home town. He trained in banking in Zurich. Since 1987 he has been back in the City where he worked in fixed income sales. From 2008 until 2015 he was with SwissInvest from where he serviced his institutional clients and provided commentary on markets. Since retiring from front-line action, he has continued to act as a market strategy consultant, most recently to BlockEx Markets, a London-based fintech group.
Yesterday the Dow had yet another 1% move, this time to the downside.
Wasn’t Donald Trump supposed to be the Great Disruptor? In some ways he is but aren’t disruptors supposed to be progressives, to be the ones who throw over accepted norms and move us, albeit kicking and screaming, into uncharted territory?
Friday turned into a massive day for risk assets as markets decided that the Trumpian threats of tariffs and trade wars were to be eaten less hot than they had been cooked and that in the end, somehow, all will be well in the garden.