The recent tumult in the stock market, triggered by President Trump's chaotic trade policies, has left Wall Street reeling with emotions of anger, anxiety, and frustration. Executives and traders are reminded of past financial crises as they calculate losses and reassess their risk strategies. Banks anticipate significant impacts from the trade war, leading to concerns about their clients' solvency. The rapid decline in stock values, reminiscent of previous financial disasters, has prompted discussions about the potential for instability across various markets and the urgency of implementing protective measures.
There was plenty of anger, anxiety, frustration, and fear among Wall Street’s elite at their sudden inability to influence the president and his advisers.
Hedge funds tallied up their losses, some bragged if they only lost a little, while major banks dealt with emergency scenarios amidst falling stocks.
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