The initial optimism in the stock market following Donald Trump's election, often referred to as the 'Trump Bump,' is now turning into a 'Trump Dump'. Investors are becoming wary as Trump's proposed policies, including tariffs, and his initial cabinet picks come into focus. The news business is also bracing for tough times ahead as the initial enthusiasm wanes. Investors are weighing the economic implications of these developments.
Rough Times Ahead for News Business as Trump Bump Gives Way to Trump Dump https://t.co/SponYEpFCb
Market enthusiasm for Trump has faded now that his cabinet is coming into view. And, oh, those tariffs. I mean, what did they think would happen? Here is the NYT: "Investors are weighing the economic implications of Mr. Trump’s proposed policies and his initial cabinet picks"
The stock market's Trump honeymoon is turning sour https://t.co/eLjwLmB9Av