Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Eleanor Pringle

Wall Street sell-off is actually being caused by warped expectations vs reality, says JPMorgan strategy boss

US President Donald Trump (Credit: RENDAN SMIALOWSKI/AFP via Getty Images)
  • Wall Street initially expected a pro-business environment under President Trump, but instead faced market volatility due to tariffs, austerity measures, and economic uncertainty. While some investors see opportunities in the downturn, analysts are realizing that expectations for Trump’s policies have not aligned with reality, leading to market corrections and a reassessment of future growth.

When Donald Trump won the election JPMorgan Chase CEO Jamie Dimon said bankers would be dancing in the street. Why? There was a business-friendly, pro-growth, regulation-lite, tax-opponent president soon to be in the White House.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.