Posted on Dec 11, 2023
'Potential dysfunction' of a second Trump presidency has Wall Street in a panic: report
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https://www.rawstory.com/trump-wall-street [login to see]
With one Wall Street executive and GOP megadonor lamenting, "The street still hopes for somebody else,” Politico reports Monday that financiers and business executives are not pleased with the potential presidential candidate leaders — specifically Donald Trump.
As the report notes, one thing Wall Street prizes above all — besides profits — is stability, and based on Trump's wild swings on trade and finance during his first term, it was in short supply.
GOP donor Thomas Peterffy, founder of Interactive Brokers, claimed another Trump presidency portends “incalculable and unpredictable” risks while, at the same time, admitting he would likely vote for the former president if he lands the 2024 GOP nomination.
"Peterffy’s comments reflect the collective angst of Wall Street Republicans whose views on Trump are completely divorced from those of the GOP base, according to conversations with more than a dozen bankers, attorneys, political consultants and asset managers," Politico reported before adding, "For some, the thought of a second Trump term will be enough to keep them off the field.
With one Wall Street executive and GOP megadonor lamenting, "The street still hopes for somebody else,” Politico reports Monday that financiers and business executives are not pleased with the potential presidential candidate leaders — specifically Donald Trump.
As the report notes, one thing Wall Street prizes above all — besides profits — is stability, and based on Trump's wild swings on trade and finance during his first term, it was in short supply.
GOP donor Thomas Peterffy, founder of Interactive Brokers, claimed another Trump presidency portends “incalculable and unpredictable” risks while, at the same time, admitting he would likely vote for the former president if he lands the 2024 GOP nomination.
"Peterffy’s comments reflect the collective angst of Wall Street Republicans whose views on Trump are completely divorced from those of the GOP base, according to conversations with more than a dozen bankers, attorneys, political consultants and asset managers," Politico reported before adding, "For some, the thought of a second Trump term will be enough to keep them off the field.
'Potential dysfunction' of a second Trump presidency has Wall Street in a panic: report
Posted from rawstory.com
Donald Trump
Election 2024
Investing
Stock Market
Stock Trading
Posted 5 mo ago
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PO1 William "Chip" Nagel good day Brother William, always informational and of the most interesting. Thanks for sharing, have a blessed day!
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PO1 William "Chip" Nagel
..."GOP donor Thomas Peterffy, founder of Interactive Brokers, claimed another Trump presidency portends “incalculable and unpredictable” risks while, at the same time, admitting he would likely vote for the former president if he lands the 2024 GOP nomination.
POLL: Should Trump be allowed to run for office?
"Peterffy’s comments reflect the collective angst of Wall Street Republicans whose views on Trump are completely divorced from those of the GOP base, according to conversations with more than a dozen bankers, attorneys, political consultants and asset managers," Politico reported before adding, "For some, the thought of a second Trump term will be enough to keep them off the field."
..."GOP donor Thomas Peterffy, founder of Interactive Brokers, claimed another Trump presidency portends “incalculable and unpredictable” risks while, at the same time, admitting he would likely vote for the former president if he lands the 2024 GOP nomination.
POLL: Should Trump be allowed to run for office?
"Peterffy’s comments reflect the collective angst of Wall Street Republicans whose views on Trump are completely divorced from those of the GOP base, according to conversations with more than a dozen bankers, attorneys, political consultants and asset managers," Politico reported before adding, "For some, the thought of a second Trump term will be enough to keep them off the field."
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