020 7898 0500During Trump’s tenure, there have been around 40 high-profile departures, with the latest coming yesterday. Nikki Haley has resigned as the US ambassador to the UN and will leave her post at the end of the year. Trump said “She told me probably six months ago. She said: ‘You know, at the end of the year, at the end of a two-year period, I want to take some time off, I want to take a break.” The timing is odd, coming as it does a mere month before the midterm elections.
Haley denied that she was leaving her post in order to run for president in the future, stating that she had no plans to stand in 2020 and would be campaigning for Trump. But she’s bound to say that – let us see what happens in the future. Trump also took to Twitter to spread a conspiracy theory that Kavanaugh protestors in Washington were paid. It really is quite remarkable that a man in his position is willing to Tweet such things. Perhaps more remarkable still is that he might actually believe it.
Today brings the mortgage applications up to 5 October 2018, while tomorrow is America’s highlight, with the inflation rate for September set for release. It is expected to have fallen to 2.4% from 2.7% the previous month. If it comes in higher than that, it will probably convince the markets that a December rate hike is even more likely than they already think.
