Alarmingly, a new and potentially devastating fiscal abyss unexpectedly cracked open, sending fresh shock waves surging across borders. The stability of formerly rock-solid U.S. equities – particularly U.S. Treasury notes – suddenly came into question.
As discussed earlier in this series, the first 100 days of the Trump administration rocked critical international relationships in a way previously unseen. From a biblical perspective, America has been over many decades a true safe haven for promoting world stability and also for ensuring extraordinary levels of religious freedom. But as chronicled further below, that trusted reputation was seriously damaged during a 10-day period in early April.
Why does this matter?