- Executive officials of the companies who met in Yale’s gatherings in Yale last month It was surveyed about when they should collectively express their concerns about President Donald Trump, most of them said it would take 20 % in the stock market. the Nasdak Russell 2000 has already entered the Bear Market area, while the S&P 500 is approaching.
Executive presidents have greatly avoided general criticism of President Donald Trump while he was raising his definitions, but the recent securities market massacre may lead to a change.
Dozens of senior CEOs of companies who gathered in Yale CEO of Yale last month were surveyed in an improvised survey about when the stock market should cause collective expression of their concerns about Trump.
According to Wall Street Journal44 % of CEOs said a 20 % decrease, 22 % said a 30 % decrease, 10 % said 50 % decrease, and 24 % they said it was not their role.
The question did not specify the starting point to measure the market loss. Through some measures, the stocks crossed or approached the threshold of 20 %.
Nasdaq and Arsels fell with more than 20 % of its highest levels for 52 weeks, and entered the bear market. S&P 500 decreased by 17 %, and Dao The industrial average Jones is 15 %.
However, the losses are less severe, if you start from the installation of Trump or when the survey was made in mid -March. However, the two-day shares after “Tahrir Day” spent 6 trillion dollars from the maximum market and distinguished the worst collapse since the first days of the Covid-19 epidemic in 2020.
Certainly, some of their executives And according to what was reported, the concerns were expressed On the definitions behind closed doors in previous meetings with the president and his employees. But in public places, they remained dug to avoid Trump’s anger.
Professor of Yale Jeffrey Sunfield, who organized the March Summit, He said magazine on saturday This executive managers have expressed his frustration, but they believe that trade groups should further contradict the definitions or make collective data.
“They do not want to be the lightning rod,” he said. “Then it becomes allocated to them.”
Likewise, a member of a board of directors has not been named in an American company He said Financial times Friday, “You don’t want the dog to be a barking dog because you will be the person who will shoot.”
Another member of the board of directors said foot The best way is to press Trump and its advisers separately and they say that the definitions will reach its basic components at higher prices and unemployment.
For its part, He said a round task in a statement On Wednesday, Trump’s goal supports more fair trade deals, but he warned of “the global tariff ranging between 10-50 % of the risk of causing great harm to American manufacturers, workers, families and exporters.”
But there may be signs of more opposition from American companies.
Trump’s adviser, Elon Musk, appears to be separated from the White House trade war on Saturday, when Timing The CEO expressed his hope for “Safar-Travel” system between the United States and Europe It will create a “free trade zone”.
Earlier on Saturday, Musk, White House official, Peter Navarro, who was According to what was mentioned in the tariff policySuggest on x Harvard’s degree is “a bad thing” and that he has not built anything.
Meanwhile, technical journalist Kara Swissher Posted on Topics On Friday, “Basil from the Promise Technology” and “Finance Leaders” made a trip to Mar Lago to read Trump’s riot law-mother talking about the right sense-for the definitions.
She added that Musk was also in their intersection because of the “stupid exotic” and more, “in accordance with the fundamental discounts of federal agencies led by the Ministry of Government.
The White House and Tesla did not immediately respond to the suspension requests.
On Sunday, Treasury gave Scott Bessin There is no indication that Trump will retreat Among these aggressive definitions and said that there should not be recession, despite the pricing of Wall Street in greater possibilities The recession this year.
in Interview with NBC MeetIt is also Reduce the sale of huge stocks A short -term reaction.
He said: “One of the things that I can tell you, as the Treasury Secretary, what is very impressed by the market’s infrastructure, and that we got a record size on Friday. And everything works very smoothly so that the American people can do so.”
This story was originally shown on Fortune.com
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