Forbes Survey: Over One-Third of Wall Street Insiders No Longer Support Trump's Economic Policies

BlockBeats News, April 6th, Recently, Forbes reached out to 50 top Wall Street leaders, including billionaire investors, major institutional asset management firms, and the largest wealth advisors in the United States, to understand their level of support for President Trump's economic strategies since taking office.

These 50 interviewees were selected for their significant influence. Among these heavyweights of Wall Street—more than half of whom supported his economic policies when Trump returned to the White House in January—72% said Trump's team's economic plan was ineffective, and 66% did not support his economic policies. Among those who supported Trump just a few weeks ago, over one-third no longer support his economic policies, with the majority (54%) stating that Trump failed to execute his plan.

Forbes also surveyed these Wall Street bigwigs on specific aspects of Trump's economic policies, asking them to rate on a scale of 1 to 5, with 5 being the most favorable score. Their ratings were mostly dismal. On the issue of tariffs, Trump scored 1.86 (out of 5), with 27 respondents giving him the lowest rating. His rating on the stock market was equally poor, at 1.96 (25 respondents rated him 1 (out of 5)), and his executive orders against law firms were also nearly as bad, at 2.10—a direct attack on the rule of law on which the American free enterprise system relies. The ratings for cryptocurrency (2.0) and inflation (2.16) were also disappointing.