Devina Mehra reveals how the ‘Trump Stocks’ unraveled - Private banks, ultra-HNIs, and misplaced bets
2 weeks, 1 day ago

Devina Mehra reveals how the ‘Trump Stocks’ unraveled - Private banks, ultra-HNIs, and misplaced bets

Live Mint  

When Donald Trump secured victory in US Presidential elections 2024, global private banks rushed to pitch ‘Trump stocks’ or ‘Trump trade’ portfolios — collections of stocks supposedly poised to benefit from his return to power. According to market data cited by Devina Mehra, Founder & CMD of First Global, Tesla share price, often viewed as the ultimate ‘Trump stock,’ has more than halved from its recent highs and is down 12% from November 5, 2024, a day before the election. Despite the lack of a clear definition of ‘Trump stocks,’ many ultra-high-net-worth individuals and family offices across the world followed the recommendations of private bankers. These portfolios frequently included defense stocks — despite Trump’s own campaign rhetoric against US military intervention overseas.

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History of this topic

Devina Mehra: Trump stocks? They’re mythical at best in this new era of uncertainty
1 day, 14 hours ago

Devina Mehra: Trump stocks? They’re mythical at best in this new era of uncertainty

Live Mint  

As Trump takes a wrecking ball to multilateral trade, multilateral health, multilateral defence, pretty much multilateral anything, the old order is disappearing before our eyes with no idea of what replaces it. As US president, Donald Trump may want the US to stop being the world’s policeman, but if the peace guarantee of America/Nato goes, every small state will have …

Stock market: Trump bases his success on the market. He’s been awfully quiet about it lately
3 weeks, 1 day ago

Stock market: Trump bases his success on the market. He’s been awfully quiet about it lately

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. In one of his more vulnerable moments during the speech, Trump pleaded for patience, asking farmers who could be hurt by retaliatory tariffs to “bear with me,” and said “there will be a little disturbance.” Still, there’s some suggestion that the market might have started to get to Trump: …

'It makes it all look corrupt': Trump-supporting exec turns on him over 'cash grab'
2 months ago

'It makes it all look corrupt': Trump-supporting exec turns on him over 'cash grab'

Raw Story  

Donald Trump's continuing attempts to ingratiate himself with supporters of cryptocurrencies has hit a large speed-bump after he and some of his family members dipped their toes into the industry with their own digital coins which, in turn, infuriated some supporters who never saw it coming. However, as the Times is reporting, Trump and his wife Melania's entry in the …

Wall Street cheerleader Trump has little invested himself
4 years, 5 months ago

Wall Street cheerleader Trump has little invested himself

Associated Press  

NEW YORK — Even from the hospital, as his doctors were administering a mixture of drugs to battle the coronavirus, President Donald Trump couldn’t quite help himself. To have so much wealth and so little invested, he added, is “completely out of balance” and “extremely unusual.” Deep in The New York Times’ recent report on Trump’s tax returns is the …

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