The ‘Trump put’ saves stocks as investors bet the president won’t let the market collapse
If a president can “save” stocks (ultimately he or she can’t) that would mean that something is very wrong in the stock market.
(From CNBC)
Analysts say the stock market has been hanging in after trade talks with China hit a rough spot because investors believe a deal is coming, and they also expect President Donald Trump to take action if the stock market looks like it is heading for a real meltdown.
The put is the belief that Trump will not let the stock market collapse, since he views it as a measure of his own success.
Reprinted from: https://www.ac2news.com/2019/05/the-trump-put-saves-stocks-as-investors-bet-the-president-wont-let-the-market-collapse/
