Trades that got crowded in April’s tumult have suddenly become vulnerable, among them shorting the US dollar, betting against equities and wagering on higher market volatility. Behind the backfiring wagers has been Donald Trump’s concessionary tone on tariffs and a string of positive economic reports – and the ensuing rebound in sentiment.
Fed minutes show growing openness to rate hikes at March meeting
In recent meetings, Federal Reserve officials mulled the idea of increasing interest rates as inflation rates climbed beyond target thresholds, influenced in part by the
April 8, 2026