Share article
Even by the standards of recent years the past quarter has been a blockbuster. The headline act was the tariff saga that began with liberation day on 2nd April, which reached its zenith as Chinese reciprocity drove tit-for-tat tariffs above 100%, before Trump hit the pause button after a week of market chaos. Cue the fastest relief rally in the history of markets which saw the US recover all its falls in little more than 50 days.
