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Prof G Markets: How the Debate Moved the Market & Wall Street’s Take on Trump - with Josh Brown
The Prof G Pod with Scott Galloway
Wall Street's Confidence in Trump's Loyalty and Strategies
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The Fed's tightening and the onset of Chinese tariffs in 2018 led to two separate 20% declines in the S&P 500. Despite Trump's tariffs causing global economic strain, Wall Street believes Trump is on their side. They are confident in his loyalty, believing he won't follow through with tariffs that would harm the stock market. Trump's showmanship and bluffing tactics provide him with the flexibility to appear tough on trade while ultimately backing down to boost the markets.
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