Wall Street’s New Obsession Is Reading Washington

Politico: “As investors hunt for the Trump administration’s next winner, they’re increasingly trying to anticipate which industries and companies will benefit from White House policy — from tariffs and export controls to procurement, subsidies and even presidential attention itself.”

“That has changed how investors think about risk. Beyond earnings and cash flow, they’re weighing which CEOs have the White House’s ear, whether a presidential announcement could transform a company’s prospects overnight, or whether a public falling-out could wipe out billions in market value.”