DONALD TRUMP can not often resist the urge to have interaction in name-calling. Usually his barbs are extra juvenile than consequential. However his designation of Jerome Powell, chair of the Federal Reserve, as “Mr Too Late, a significant loser” isn’t any mere insult. It may be the harbinger of an assault on the central financial institution, and it’s another reason to fret concerning the American economic system. When markets opened on April twenty first, after an extended Easter weekend, American shares, Treasury bonds and the greenback all sharply declined—one other instance of the “promote America” commerce.
