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Stock investors needn’t fear tariffs

Uncertainty around trade merely increases the equity risk premium

Never read or post. That is my rule on social media. Always use primary sources. That is my rule when it comes to data and research for this column. When they clash — which frustratingly they have twice in as many months — the second rule trumps the first.  

October saw me download TikTok to confirm whether indeed a song had gone viral about “looking for a man in finance”. What a cesspit of nonsense that app is. I pity the Chinese spies having to wade through it all day.  

This week I’ve been forced to join Truth Social, as Donald Trump is using it to announce major policy initiatives. I wanted to see exactly what he wrote about tariffs on Monday that rattled markets so.

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