How the gold bullion boom sent a US recession alarm blaring

Last week, data indicated that the US trade deficit surged to a record $131.4bn in January, as businesses scrambled to stockpile goods ahead of President Donald Trump’s Schrodinger’s tariffs. American economic data has generally been disappointing, but the worsening news on imports has in particular stirred up some angst. Because of the mechanics of how … Read more

BlackRock answers Trump’s call

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

UK pension funds stand by defence exclusion in ‘ethical’ funds

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Some of the UK’s biggest pension funds have pushed back against Labour MPs calling for defence companies to be categorised as “ethical” arguing that investors deserve choice and should be able to exclude weapons makers … Read more