Analysis-Investors question ‘Trump put’ as tariffs rattle stock markets
By Davide Barbuscia and Carolina Mandl
NEW YORK (Reuters) -Investors are recalibrating how to play U.S. President Donald Trump’s whipsawing policy changes, weighing that a so-called “Trump put” supporting stock market prices may be fading and that his administration is more keenly focused on the debt markets.
Investors had bet strongly that Trump’s agenda to lower taxes and usher in deregulation would support risk assets in a similar way to his first term when he frequently touted the stock market’s performance.
The so-called “Trump put,” which refers to options, assumes that he will do whatever possible to keep the stock market happy.
However, since returning to the White House on January 20, Trump’s rapid-fire tariff policies…
