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Trump Sows Profound Uncertainty for Stocks

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New York Times: “The thing that investors really struggle to put a price on is uncertainty. And right now, there is a profound sense of uncertainty in the stock market.”

“It has been brought on by the whipsawing policies and pronouncements of the Trump administration. To name just three: the on-again, off-again threats of tariffs; President Trump’s refusal to rule out the possibility of a recession, followed by reassurances that a severe downturn is unlikely; and the chaotic cuts to the federal government.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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