From stocks to dollar, Trump’s ‘Golden Age’ is off to ugly start

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From stocks to dollar, Trump’s ‘Golden Age’ is off to ugly start - Fortune

Quick Summary:

A firehose of tariffs and geopolitical uncertainty has generated some of the most extreme market swings in recent history.

Companies found themselves effectively shut out of borrowing in U.S.debt markets for days, bond prices fell, trading costs soared and a Bloomberg News measure of the amount of distressed debt worldwide swelled the most in at least 15 months.

Gold, the ultimate safe haven, has soared to a record, while Bitcoin, despite declining this year, has largely held onto post-election gains on optimism for crypto-friendly policies under Trump.