The aftermath of an awful April for investors

Given everything that happened last month, you’d be forgiven for thinking that it lasted longer than 30 days. 29 April marked the 100th day of President Trump’s second term, which has been eventful beyond all expectations. “Liberation Day” sent businesses, countries and markets into an unprecedented panic, with US equities hit hard. Investors were grateful to see a rally when a 90-day pause was announced. Sure, equity markets have recovered, but there’s still concerns over both markets and economies. Throw in criticism of the Fed’s Chair, Jerome Powell, and the President was creating a cocktail...