Markets can’t be bullied, and the US could face a financial crisis ahead of next year’s midterm elections, former IMF official says

• The dollar’s plunge and gold’s surge this year are signs that financial markets are not pleased with the Trump administration’s policies, according to a former IMF official. Unless there is a major course correction, the U.S. should brace for a financial crisis leading up to congressional midterm elections next year, he warned.

The world is losing faith in the dollar, and the U.S. could suffer a financial crisis next year, according to Desmond Lachman, a former deputy director...