While tariffs have been ‘all show and no substance’, economists fear an AI investment bubble and tensions in the South China Sea, along with Trump’s attacks on the Federal Reserve’s independence

One year into Donald Trump’s presidency and experts in Australia and around the world can hear the grinding of history’s gears.

“We have entered a new economic era; one with rules that are very different to the past,” the Commonwealth Bank’s chief economist, Luke Yeaman, wrote in October.

Continue reading…