Sentiment slumps on US stagflation fears
Financial markets have had their wildest week for years. But for all the drama, the outlook for the global economy and markets looks much like it did 7 days ago. The craziness doesn't stop here. After the huge swings in sentiment seen over the past couple of weeks, a quieter macro environment is expected in what is a shortened week due to Easter. But U.S. average tariffs on the world have jumped to 28 percent from just 2.5 percent.
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