THE ECONOMIST: As Donald Trump’s erratic policy announcements send investors on a wild ride, a modern breed of buyers is providing liquidity in a pattern that is changing stock markets
Last month the boss of Nvidia, landed in Beijing with a clear message: the maker of the world’s leading AI chips planned to ‘unswervingly serve the Chinese market’. America would rather it didn’t.
Economic slowdowns, cost of living and the threat of tariffs have seen a slump in sales of fancy frocks and posh bags . . . but not at the home of the Birkin