Financial Investors Can’t Profit from Complacency Forever
https://www.project-syndicate.org/commentary/markets-trump-complacency-can-last-only-so-long-by-sebnem-kalemli-ozcan-2025-10
Despite the Trump administration’s systematic erosion of America’s capacity to create wealth over the long term, bond markets and investors seem to have fallen asleep at the wheel. But their complacency is not the result of ignorance; it is a highly profitable – and extremely risky – choice.
https://www.project-syndicate.org/commentary/markets-trump-complacency-can-last-only-so-long-by-sebnem-kalemli-ozcan-2025-10
Despite the Trump administration’s systematic erosion of America’s capacity to create wealth over the long term, bond markets and investors seem to have fallen asleep at the wheel. But their complacency is not the result of ignorance; it is a highly profitable – and extremely risky – choice.