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Emerging Markets’ Trump Rally at Risk as Tariff Reality Kicks In

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The start of Donald Trump’s second presidency has matched his first term in proving a boon for emerging-market stocks, but the rally risks running out of steam given his trade and fiscal policies are also sinking corporate earnings.

The benchmark MSCI Emerging Markets Index has posted an advance every month from January through August this year, the first of Trump’s second term. That’s happened only twice before in the 37 years that investors have tracked emerging markets as an asset class: in 2017, also a Trump inaugural year, and in 1993, under Bill Clinton.



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Funding & Business

Chicago Mayor on Trump's Immigration Crackdown Plan

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Chicago Mayor Brandon Johnson on signing executive order against Trump’s immigration crackdown plan. (Source: Bloomberg)



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Thai Palace Says Princess’ Bloodstream Infection Improving

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Thai Princess Bajrakitiyabha Narendira Debyavati’s bloodstream infection has improved and her blood pressure has stabilized, the Bureau of the Royal Household said.

The 46-year-old princess, the oldest of King Maha Vajiralongkorn’s seven children, is still being administered antibiotics to control the infection, the bureau said in a statement late Sunday. It was the third health update on the princess issued by the palace in less than a month.



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France Issues Warnings for Thunderstorms and Floods in South

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France issued amber warnings for thunderstorms and floods in several southern regions, forcing the Mediterranean department of Bouches-du-Rhône to delay the start of the new school year by a day.

Several departments in the central and southern parts of the country were put on alert for bad weather on Sunday and Monday, according to forecaster Meteo France. Violent thunderstorms, accompanied by torrential rain, are expected to persist until Monday, with rainfall reaching as much as 150 millimeters per hour.



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