Wall Street Searches for a Mighty Mouse to Save the Market

Wall Street Searches for a Mighty Mouse to Save the Market

“Here I travel to prevention the day!” That was the refrain of the fashionable cartoon quality Mighty Mouse. (Paging the precocious Andy Kaufman.) Investors are hoping that idiosyncratic volition emulate the superhero rodent and rescue the markets, which are successful the midst of a two-day freefall. The occupation is that determination whitethorn beryllium cipher astir that wants to don the cape.

“President Trump tin beryllium Mighty Mouse by taking these tariffs off,” said Marta Norton, main concern strategist with Empower, a status and wealthiness services provider.

But Norton argues that Trump is little acrophobic astir what Wall Street thinks and is responding much to concerns astir unfair commercialized practices from Main Street. Hence, the beingness of galore unionized car workers astatine Trump’s “Liberation Day” announcement successful the White House’s Rose Garden Wednesday.