Trump policy delays feed into US corporates’ hedging activity
Uncertainty around the policy programme of US president Donald Trump is rippling out to corporate America’s hedging activity of FX and rates exposure.
Much attention has focused on investors’ loss of faith in the ‘Trump trade’ this year. Loud promoters of a reflation boost arriving through the president’s tax cuts and infrastructure spending have distinctly quietened, following his failure to enact healthcare reform.But away from the buy-side, the White ...
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