As stocks traded near records despite threats from President Donald Trump’s trade policies, sticky inflation and a suddenly fragile economy, strategists theorized an invisible hand was at work: Trump’s.
Following market declines due to President Trump's tariff plans, traders are watching for a potential "Trump put," a level in the S&P 500 where Trump might intervene to support the market. Howard Lutnick hinted at possible tariff relief for Mexico and Canada, sparking speculation, but analysts disagree on the level at which Trump would act, with some believing it's significantly lower than current levels. Despite market concerns, Trump's focus appears less on the stock market than in his first term, and some advisors express confidence in his tariff strategy despite any market volatility.
