Lame-Duck Trump Has Potential to Upset Markets With Final Acts
- President’s executive decisions could yet ripple across assets
- Areas of potential action include China and Europe trade spats
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Though the most scrutinized Twitter feed in finance is on track to lose much of its power on Jan. 20, that still leaves about 10 weeks for President Donald Trump to roil markets.
After President-elect Joe Biden’s win is certified, Trump will enter the so-called lame duck phase of his presidency with a capacity for disruption that is formidable. Any number of executive decisions might leave investors on tenterhooks. Already, he’s ousted his defense chief and remade the leadership at the Pentagon.