Business euphoria over Trump gives way to caution, confusion

[DonViejo]

Source: Reuters


Wed Jan 18, 2017 | 6:06am EST

By Patrick Rucker and Sarah N. Lynch | WASHINGTON

Early optimism among business lobbyists and executives that Donald Trump's election heralded better days has slowly given way to uncertainty as the president-elect fires off mixed and sometimes confusing messages on healthcare, taxes and trade.

An initial euphoria in the business world fueled a powerful post-election stock rally. Some of that has frayed as questions arise over the nuts and bolts of Trump's campaign promises, although many in the business community said they remain optimistic.

Doubts deepened over the weekend as Trump declared he would replace President Barack Obama's signature healthcare plan known as Obamacare with "insurance for everybody" - a goal far beyond Republican designs - and criticized a key component of a plan in Congress to overhaul corporate taxes.

"It is fair to say that since the election, there has been mounting uncertainty about exactly what the specific policies are likely to be with regard to tax reform and replacing Obamacare," a financial industry official said.

Read more: http://www.reuters.com/article/us-usa-trump-idUSKBN1521CE

[Renew Deal]

1. Some of these people acted like they elected R-Money when they really elected a magic 8 ball

[Ligyron]

2. One of the take aways from the article:

"Trump is like a policy bull who seems to bring his own china shop with him to destroy it with every interview," Krueger wrote in a research note.

[groundloop]

3. They're finally realizing - tRump has no policy, he just says what's popular at the time

The stupid fuck spouts off whatever talking points he believes will please his current audience. He has no spine, he has no brain, he has no ideas of his own.

[dixiegrrrrl]

6. It has been reported that he is like a parrot

that he says whatever he heard from the last person he talked to.

altho...most of the Tweets seem to be his own.

[BumRushDaShow]

4. They bought this

and SWORE it was real!11!!!1!!

[bucolic_frolic]

5. Stock markets are just drifting this week

very timid trading and downward trending