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Unable to awaken "Trump's Put Options" possibly only because the U.S. stock market has not fallen enough.
As the USA stock market remains at record highs despite the heavy pressure from trade policies, stubborn inflation, and a weak economy, strategists say that Trump is playing an invisible role. The basis for this statement is that Trump often uses stock market performance as a report card for his administration, meaning that any policy that causes unease in the US stock market will lead him to quickly abandon plans. Wall Street's major firms are still estimating what level the S&P 500 Index would need to fall to for Trump to make policy concessions. This critical point is also referred to as the 'Trump Put Options.' Now, the S&P 500 Index has given back all the gains it made since election day, and Wall Street professionals are...
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