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

April 6th. Lately, Forbes got in touch with 50 top leaders on Wall Street, such as billionaire investors, major institutional asset management firms, and the largest wealth advisors in the US, to figure out their degree of support for President Trump's economic strategies since he took office. These 50 interviewees were chosen because of their significant influence. Among these Wall Street heavyweights - more than half of whom supported his economic policies when Trump returned to the White House in January - 72% stated that 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 supported his economic policies, and the majority (54%) said that Trump failed to carry out his plan. Forbes also surveyed these Wall Street big shots on specific aspects of Trump's economic policies and asked them to rate on a scale from 1 to 5, with 5 being the most favorable score. Their ratings were mostly not good. Regarding the issue of tariffs, Trump got a score of 1.86 (out of 5), with 27 respondents giving him the lowest rating. His rating on the stock market was also poor, at 1.96 (25 respondents rated him 1 (out of 5)), and his executive orders against law firms were nearly as bad, at 2.10 - a direct attack on the rule of law that the American free enterprise system depends on. The ratings for cryptocurrency (2.0) and inflation (2.16) were also disappointing.