Wall Street in times of Trump…..’it will all be OK’ isn’t there anymore.”

When a New York Real Estate guy won the Presidency 14 months ago the money guys where ecstatic…..

Republicans smiled and took out their cutting knives on the regulations and policies of the federal government….

That was THEN….

Trump’s cabinet secretaries are still making cuts in rules and regulations ….

But REALITY has set in….

Some of the cuts that where proposed have been quietly shelved…..

They would actually hurt Republicans interest’s….

But the bioggest proble for the ‘money gripper’s’….

Their main man….Donald J. Trump….

Trump is used to and appears unable to change who he is….

A guy used to running his own show with a small staff….

The United States Government is anything BUT that….

So?

Trump has subjected financial markets to uneven, illogical and even damaging comments and action daily….

This is NOT something that markets crave, which is stability…..

Welcome to Donald Trump….

Ya gets what you pay for…..

The big picture: Until now, markets looked at President Trump, and at the tech sector, and saw good times. Now, markets are looking at Trump and tech and seeing risk.

Data: Money.net; Chart: Axios Visuals

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With stock markets closed today for Good Friday, the firstquarter of 2018 is in the books, with the Dow Jones Industrial Average and S&P 500 in the red for the quarter, and Facebook and Google down.
Be smart: Wall Streeters tell me that Trump’s impulsive crashing around on issues has started to affect market psychology. The economy’s fundamentals, and corporate performance, are strong. But he is the x factor.
A tweet by Neil Irwin of the N.Y. Times Upshot captures the Street zeitgeist: “It seems like markets are settling into a new groove in which modest news creates outsized swings in prices, whether for tech stocks or companies vulnerable to a trade war. The baseline assumption that ‘it will all be OK’ isn’t there anymore.”…..

More…

Note….

With ‘Trump’s’ economy doing Sooooo Good?

The Fed is raising interst rates….

THAT is also not making money people and consumers happy either ….

jamesb on Donald Trump has promised MORE than he can EVER Deliever…Open Thread for Dec. 10. 2024….: “Morning……. The Trump generated Chaos HAS begun around the world….. Buckle your seat belts…..” Dec 27, 10:05
jamesb on The Economy is doing Soooo Good these outfits are closing stores…..: “Yup CG…. The REALITY of these times ARE CONFUSING… Damn REAL…” Dec 26, 19:43
jamesb on The Economy is doing Soooo Good these outfits are closing stores…..: “Ok…. I THOUGHT Biden was doing a Good job Obviously a good amount of others did NOT…. Remember We here…” Dec 26, 19:42
CG on The Economy is doing Soooo Good these outfits are closing stores…..: “But it is confusing on your part because you are and have for a while now, admitted that people think…” Dec 26, 19:24
jamesb on The Economy is doing Soooo Good these outfits are closing stores…..: “Trump GETS THIS Economy in less than 30 days…. His whinning and crying will be NO more successful that Biden….…” Dec 26, 19:19

Wall Street in times of Trump…..’it will all be OK’ isn’t there anymore.”

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