How Donald Trump liberated the markets from going up

Earlier this month US president Donald Trump announced a series of 'reciprocal' tariffs on most countries in the world. This had the effect of tanking markets across the globe. This week Dave Baxter, Joseph Wilkins and David Thorpe have a chat about the fall out of 'liberation day' and which funds rode out the turmoil better than others. They also discuss whether consumer confidence is the real danger DFMs should keep their eyes on during 2025 and they discuss the outlook for fixed income. The Asset Allocator Podcast is a weekly series aimed at discretionary fund managers, fund selectors and wealth managers, providing insight into the issues that drive investment decisions. To receive the Asset Allocator email in your inbox for free, sign up here. Hosted on Acast. See acast.com/privacy for more information.