Forbes Survey: More than one third of Wall Street pros no longer support Trump's economic policies

On April 6, recently, Forbes contacted 50 top leaders from Wall Street, 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 strategy since he took office. These 50 respondents were selected for their significant influence. Among these heavyweight figures on Wall Street—more than half of whom supported Trump’s economic policies when he returned to the White House in January—72% stated that the Trump team’s economic plan was ineffective, and 66% did not support his economic policies. Among those who supported Trump a few weeks ago, more than one-third no longer support his economic policies, with most of them (54%) stating that Trump failed to implement his plan. Forbes also surveyed these Wall Street pros on specific aspects of Trump’s economic policies, asking them to rate them on a scale of 1 to 5, with 5 being the most favorable score. Their ratings were mostly poor. On the issue of tariffs, Trump’s score was 1.86 (out of 5), with 27 respondents giving the lowest score. On the stock market, his score was similarly poor at 1.96 (25 respondents rated him a 1 out of 5), while the executive order targeting law firms was nearly as bad at 2.10—this is a direct attack on the rule of law that underpins the American free enterprise system. The ratings for Crypto Assets (2.0) and Inflation (2.16) were also disappointing.