President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says the alledged mismanagement of a building renovation project could be grounds

President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.

“’Short US dollar’ is the most crowded trade for the first time in FMS history (per 34% of investors),” the report stated, replacing a three-month run for “long gold” and a near two-year run for “long Magnificent 7.” Write to Martin Baccardax at [email protected]