A market rout made in the White House

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world On Monday morning traders woke up to signals of carnage across their screens. Hong Kong’s Hang Seng index closed down over 13 per cent, marking its worst single-day fall since 1997. In Europe, … Read more

Andrew Bailey given top financial stability role as tariffs create turmoil

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Andrew Bailey has been chosen as the next chair of the world’s financial stability watchdog, handing the Bank of England governor responsibility for trying to avoid a financial crisis by co-ordinating policies between top global … Read more

Markets could get a lot worse — and quickly

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The White House promised in its schedule for Donald Trump’s jabberwocky trade taxes last week that markets would have their opportunity to “respond as the impact of renewed American strength takes hold”. That response? … Read more

So much winning — in 15 charts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. You might have missed it, but April is “Financial Literacy Month” in the US. On April 1 (yes, really!) the White House released the following statement from Donald Trump: During this National Financial Literacy Month, … Read more

Where the Bank of England’s QE programme went wrong

Christopher Mahon is head of Dynamic Real Return in Multi-Asset Investing at Columbia Threadneedle Investments. In February, the Bank of England updated its estimates for the lifetime losses of the asset purchase facility, the vehicle through which it conducts quantitative easing. Its prediction for APF losses had crept up: from £95bn in September, to £115bn … Read more

Hedge funds hit with steep margin calls

Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let me … Read more