The article highlights the drastic downturn of the stock market, attributing this to Donald Trump's unpredictable policy changes and Wall Street's earlier misreadings of his administration. After his second election, markets surged in anticipation of a repeat of his initial term strategy; however, the erratic nature of Trump’s governance has created uncertainty. While his policies, such as trade wars and the USMCA agreement, seemed revolutionary, they continued existing trends rather than disrupt the status quo. A potential economic crisis looms as the market corrects itself from its peak fall.
In 1929, at the start of the stock market crash that inaugurated the Great Depression, Variety ran the famous headline: "WALL STREET LAYS AN EGG." It's possible now to imagine the sequel: "DONALD TRUMP LAYS AN EGG."
This economic turmoil is due to two factors: Trump's erratic policy shifts and Wall Street's initial misjudgment about Trump. When Trump won his second presidential term in November, Wall Street enjoyed a strong rally because it expected Trump to govern as he did in his first term.
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