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Economist Magazine editor visits New York -- discovers major buyers' remorse on Wall Street [1]

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Date: 2025-03-13

I’m in New York this week, my first visit to America since President Donald Trump took office. The weather has been sunny; the mood among the business leaders and financiers I’ve spoken to less so. In private, at least, there seems to be growing concern about where America is heading under Mr Trump. It’s a far cry from my last trip just after the election, when Wall Street types were cheering the prospect of deregulation and tax cuts. Now the bullishness that Mr Trump would take a much-needed scythe to onerous regulation and cut taxes is tempered by worry, especially about the president’s erratic protectionism and his bullying of allies. It is dawning on some of the denizens of Wall Street that the revolutionaries in the White House may do serious damage.

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[1] Url: https://www.dailykos.com/stories/2025/3/13/2310045/-Economist-Magazine-editor-visits-New-York-discovers-major-buyers-regret-on-Wall-Street?pm_campaign=front_page&pm_source=more_community&pm_medium=web

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