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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Beauty is in the eye of the beholder'

04 Jun 2025

Description

US President Trump’s mega-donor Musk was strongly critical of the “big, beautiful bill” currently before Congress. The bill contains many things markets are worried about. Musk’s opposition may embolden some Republican senators to oppose parts of the bill (Musk has more money than Trump, but their recent political forays have not been universally successful).

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