'Place in hell' for Trudeau leaves European investors cold
US President Trump withdraws his support to the final statement of the G7 summit via Twitter. After which one of his most important advisers on television wishes the prime minister of host country Canada a special place in hell. Investors on Monday had sufficient reasons at first sight to become nervous about the ever-escalating trade war, but the financial markets reacted remarkably calmly.
'The markets are being thrown back and forth between political noise and data about the economy,' says Mary Pieterse-Bloem, global head of fixed income strategy & portfolio management at ABN AMRO Private Banking and Associate Professor of Finance at Erasmus School of Economics, in Het Financieele Dagblad on 12 June 2018.