Part 6/13:
Federal Reserve Chair Jerome Powell voiced a more cautious perspective, indicating that the trade concerns could lead to higher inflation while stifling economic growth. The uncertainty that has gripped corporate boardrooms is palpable; several high-profile IPOs have been postponed, with no immediate future for companies like Clana E Toro and Midline Industries. This sentiment among investors is further reflected in the mergers and acquisitions market, where doubts about deal closures have prompted a visible widening in spreads on US deals.