Canada China Donald Trump Economy Import Investment Mexico stock market stocks War
Investor disillusionment with President Trump’s economic agenda continues to mount. The surprising message from Trump and his top advisers: Bring it. Two months into Trump’s presidency, stocks are down, and Trump and the investing community are unfriending each other. Wall Street expected the businessman-president to push market-friendly policies and put a floor under asset prices. Instead, Trump has imposed import tariffs more aggressively than anybody expected and dismissed the inevitable adverse reaction in markets. Stock reversals highlight the whiplash. The S&P 500 (^GSPC) index hit a new high on Feb. 19, marking the moment of peak optimism in Trump 2.0….
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