Is business starting to get spooked about Donald Trump? | Larry Elliott
by Larry Elliott from on (#2JZJX)
After his U-turns at home and Dr Strangelove-style antics abroad, markets and investors are supposing that the president is making it up as he goes along
Financial markets are starting to have doubts about Donald Trump. The euphoria that sent share prices on Wall Street to record levels has quickly dissipated amid fears that the new president is dangerously unpredictable.
Evidence that Trump does not really have a clue about what he is doing is mounting by the day. The failure to get Congress to agree to a repeal of Obamacare was the first sign of trouble, since it raised questions about whether the White House would be able to pass an economic stimulus package.
Related: Bank of England sounds new alarm over consumer credit binge
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