How Wall Street got Donald Trump wrong

Q: How long will it take to read this news story?

The story "How Wall Street got Donald Trump wrong" has 2514 words across 14 sentences, which will take approximately 11 - 21 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "How Wall Street got Donald Trump wrong" was covered 1 days ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 7 news stories per day. It's most recent story was published 12 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27902080</li><li>URL: https://chronographically.beamstart.com/news/how-wall-street-got-donald-17446907015180</li></ul>

Financial Times 1d ago

How Wall Street got Donald Trump wrong - Financial Times

Quick Summary:

Market conditions had gone beyond adverse to hostile.“The fact that the bond market was moving in the alarm direction rather than the insurance direction was the big pattern breaker that had everyone on Wall Street at a very different level of worked-up,” says Lawrence Summers, the former Treasury secretary and ex-president of Harvard University.

Trump allies noticed the snub.“These guys never took him seriously,” one veteran financier close to Trump says.“Where was most of Wall Street when Trump was getting attacked by judges over the past four years?

In a stark contrast to Trump’s obsession with the stock market during his first term, the president at times shrugged off reporters’ questions, stating he had not checked in on markets as a sea of red washed over Wall Street.