The Dangers of Section 899: Market Volatility Expected
Jordon Rochester, Mizuho’s head of fixed income and currency strategy, warns about the potential impacts of Section 899 within President Trump’s One Big Beautiful Bill Act. If enacted, foreign investors might consider relocating their assets away from the U.S. The implications of this potential movement could spell significant volatility for markets and investments. Staying alert to these developments is crucial for investors who want to navigate potential economic fallout effectively.