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The Trump Put Is Dead. Tariffs Were the Fatal Blow.

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  The stock market has erased nearly all of its meteoric gains notched since Election Day. Hopes for deregulation, tax cuts, and other fiscal stimulus from President Donald Trump have been replaced by fears that his tariffs on Canada,

The article from MSN Money discusses the concept of the "Trump Put," a term coined to describe the market's belief that former President Donald Trump's policies would support stock prices. However, the article argues that Trump's trade policies, particularly his imposition of tariffs, were detrimental to the market. It highlights how these tariffs, intended to protect American industries, instead led to increased costs for businesses and consumers, retaliatory measures from other countries, and uncertainty in the market. The piece suggests that while Trump's tax cuts and deregulation initially boosted the market, the long-term effects of his trade war with China and other nations ultimately undermined economic stability and investor confidence, leading to what could be seen as the "fatal blow" to the Trump Put.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/the-trump-put-is-dgoogle%20newsead-tariffs-were-the-fatal-blow/ar-AA1AfdmZ ]