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Trump’s first 100 days mark worst for US stock market since Gerald Ford

Financial Times LogoFinancial Times13h ago

Trump’s first 100 days mark worst for US stock market since Gerald Ford - Financial Times

Quick Summary:

All four have since become “crowded shorts” as investors have trimmed their exposure to and in some cases begun actively betting against their shares, Citi said in a note to clients this week.“Anyone who was all in on the [Magnificent Seven] has been hurt,” said JPMorgan’s Kelly.

Foreign investors began the year owning a record 18 per cent of US equities but have sold roughly $60bn of their holdings since the start of March, according to Goldman Sachs.

Trump’s “liberation day” tariff blitz “catalysed the market chaos”, she added, “with on again, off again tariff policies promulgating maximum uncertainty periodically punctuated by statements from the administration aimed at reassurance and de-escalation”.


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Article Details

Author / Journalist: George Steer

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 13:31:45 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 754 words

Reading Time: 5 minutes read

Sentences: 25 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 28286628

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 12 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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