The markets are behaving as if Europe has pulled the wool over Trump’s eyes
European stocks are up 0.93% today, and the STOXX Europe 600 index is again approaching an all-time high. (By contrast, S&P 500 futures are only up 0.28% this morning.) Given that the U.S. just slapped Europe with a 15% tax on all its exports to America, why are investors in Europe so bullish? One theory … Read more