'This isn’t normal': Expert warns markets are 'waking up' to GOP dysfunction
The markets are “waking up” to President Donald Trump’s economic policy that just “isn’t normal,” according to New York Times guest columnist and Columbia University history professor, Adam Tooze.
Tooze believes concern over Trump’s policies is “shifting to the $29 trillion market for U.S. Treasuries.”
He explained, “The Treasury market is where macroeconomics and politics meet, in their purest form.” Historically speaking, when the Treasury market “begins to wobble, it is a real...