Remember, Remember, the Fifth of November: John Authers

Nov. 5, 2025, 4:25 AM UTC

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Today’s Points:


  • In the 12 months since Trump’s victory, European arms makers lead the field.
  • US stocks lagged even before Tuesday’s 2% Nasdaq selloff.
  • This year’s batch of elections are going better for Democrats — latest here.
  • In the UK, Reeves is placating the gilts market (but not the voters).
  • The year’s biggest winner continues to be — Ghana.
  • AND: Some West African blues.

12 Months of Trump 2.0

It’s the Fifth of November, when the UK celebrates its own foiled No Kings demonstration ...

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