FT News Briefing

The highs and lows of the ‘Trump trade’

US stocks rallied after Donald Trump’s election victory, but the euphoria could be short-lived if his policies drive up inflation. Plus, German opposition leader Friedrich Merz has called for snap elections as early as January following the collapse of Olaf Scholz’s government, and Trump’s victory is set to cast a pall over the UN COP29 summit next week. Mentioned in this podcast:<a href="https://on.ft.com/3AEE5tu" rel="noopener noreferrer" target="_blank">Risk assets rally but bond market views Donald Trump’s victory with caution</a><a href="https://on.ft.com/3O0GphE" rel="noopener noreferrer" target="_blank">Federal Reserve cuts interest rates for second consecutive meeting</a> <a href="https://on.ft.com/3NWMPyb" rel="noopener noreferrer" target="_blank">German opposition leader Friedrich Merz calls for snap elections </a><a href="https://on.ft.com/3YHuTN9" rel="noopener noreferrer" target="_blank">Trump victory seen as blow to climate action ahead of COP summit</a>  The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. <a href="https://www.ft.com/content/9a4f5c0f-ace2-46cd-b4cd-307bc9338c83" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.