07-05-2025
The Most Intriguing Market Move Since Tariff Day
Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
It's been much remarked that just over a month on from 'Liberation Day' — April 2nd this year — when US president Donald Trump presented his big tariff list to the world, US equities are barely moved. That is, admittedly, after a rather dramatic round trip.
