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The White House’s sudden policy reversals and the expectation of more upheaval have thrown US financial markets into disarray, according to Christopher Hodge, chief economist for the US at Natixis. Speaking to BNN Bloomberg on Tuesday, Hodge emphasized that the unpredictable nature of US policies is making it nearly impossible for businesses to plan ahead.
“The dramatic policy U-turns are eroding consumer confidence and disrupting global supply chains,” Hodge noted. “We are seeing a playbook similar to the first administration of President Trump, and it’s causing significant turmoil.”
The uncertainty in US policies is affecting not just domestic markets but also has a ripple effect on the global economy. Businesses worldwide are struggling to adapt to the changing landscape, which impacts investments and long-term strategies.
Young entrepreneurs and professionals in the Global South should be aware of these developments, as they could influence international trade, job markets, and economic opportunities.
Hodge’s warning highlights the importance of stable and predictable policies for the health of the global economy. As the situation unfolds, businesses and consumers alike are watching closely, hoping for clarity and consistency from US policymakers.
