Bloomberg Businessweek cover image

Truss Resigns as UK Premier After Tax-Cut Backfire

Bloomberg Businessweek

00:00

Is Brexit the Only Factor?

Brexit was always going to take the form of a supply shock. The war in Ukraine is a sort of signal to everyone that you're not necessarily safe. I think it's like tank battles in Eastern Europe. We lost people in both of those wars, right? Yeah. But I think that that's number one, spooky people, to some degree, spooky markets. That's part of why the dollar is so strong, I would imagine, including Fed hiking.

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