More concerned about him making a mess that is hard to clean up after he is out of office. But no, the financial market is way too strong right now. Sent from my SM-G950U1 using Tapatalk
I agree - as long as markets have an idea of what may or may not happen in the future they can shift valuations accordingly. Uncertainty is the killer. @Phidius do you not think DT has had any kind of positive impact on the US, business and stock markets?
He has been great for financial markets, in my opinion. But he has used tactics that are usually needed only in time of emergency, and it is not an emergency to save corporate tax dollars. Thus the rising interest rates to counter balance. If he were in politics longer, he might have avoided some easy to avoid problems. Sent from my SM-G950U1 using Tapatalk
Many people seem to forget than DT has been there and done it in the world of business - rich, bust, rich, bust, etc. However, even less people might know that all of his initial wealth was inherited from his father. So, is he a good or bad businessman
If DT was to stick to talking about business and the economy he would be fine - it is when he wanders off these topics that it all starts to unravel and go wrong. The moral of the story - stick to what you know!
At first we thought, "hey he is a good business man and will be a good leader for the economy". Stabilizing the international market was never one of his agenda. Still, the stock market will not collapse. there are other factors at play.
The one mistake he has really made for business is the mixed signals he is giving on tariffs. He needs to make his policy crystal clear to the markets and start proper negotiations - not this rubbish on Twitter. Face to face!
