Photo: NBC news
Wall Street loves to hear presidents discuss lowering taxes. Who among the rich doesn't? Does the Street (i.e., Wall Street) really care about President Donald Trump? The former president experienced the highest price on the S&P 500 during his 4 years in office. And he also experienced an unprecedented drop in the market with the onset of COVID. What are the current thoughts among investors?
In the following video by CNN, former Trump aide Anthony Scaramucci discusses the former president's current situation and how Wall Street fits into it:
One remark I agree with from Anthony Scaramucci is the question asked in return to the CNN news anchors in the video above. Mainly, does the former president have numbers that are better than 2016? How about 2020? President Trump is flaming out as a candidate.
Further, if the former president is chosen as the Republican nominee, the party is looking for a reset for 2028. I can definitely be on board with candidate Trump losing in 2024 and a reset for the republican party for 2028.