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ART urges long-term perspective amid chaos
Financial Standard
|April 22, 2025
Speaking at a financial adviser roadshow in Sydney, Australian Retirement Trust chief economist Brian Parker discussed the many risks he and the investment team are fielding in the wake of US President Donald Trump’s most recent tariff announcements.
In the lead up to the event, major stock market indices lost billions in value, with the S&P 500 Index dropping as much as 6%.
Parker warned that risks of a major global downturn has dramatically increased and will likely eventuate if US policymakers continue their current path.
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