A three-day period of relative calm on Wall Street came to an end as major tech and automobile companies led a decline in global equity markets yesterday. Concerns about the economic impact of ever more tariff announcements, weak consumer sentiment and rising inflation risks are dampening investor risk appetite. Nvidia and Tesla slumped nearly 6%, and the automobile sector was among yesterday’s laggards after Trump announced 25% tariffs on the sector. Carsten Menke, Head of Next Generation Research, talks about the impact of tariffs on copper and why he expects the latest rally will not last.
00:00 Introduction by Helen Freer (Investment Writing)
00:28 Markets wrap-up Jan Bopp (Investment Writing)
05:29 Copper: Carsten Menke (Head of Next Generation Research)
08:54 Closing remarks by Helen Freer (Investment Writing)
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