Opinion: Wall Street is freaking out over a possible President Elizabeth Warren. They should be more afraid of a Trump reelection. by Neil Dutta of RenMacLLC.
A number of articles have highlighted Wall Street investors' fear of an Elizabeth Warren win in 2020 and a stock market sell-off. But the real trouble would be if President Donald Trump wins reelection. Trump would be free to double down on his economically damaging trade war with China, and there's little Congress could do about it. Warren, on the other hand, would need congressional help to pass her agenda. Such support is unlikely at best.
A number of articles have highlighted Wall Street investors' fear of an Elizabeth Warren win in 2020 and a stock market sell-off. But the real trouble would be if President Donald Trump wins reelection. Trump would be free to double down on his economically damaging trade war with China, and there's little Congress could do about it. Warren, on the other hand, would need congressional help to pass her agenda. Such support is unlikely at best.
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