No. of Recommendations: 3
They believe Trump's claims, because they want to.
3 charts reveal how delusional Wall Street is being about the Middle East conflict
Wall Street is often an optimistic bunch when it comes to estimating future sales and profits from corporate America.
But even when considering that ingrained tendency, what's on display right now from the Street borders on absurdity. And it puts investors at risk for a harsh reality check as earnings begin to kick into overdrive soon.https://finance.yahoo.com/news/3-charts-reveal-how...When the court threw out Trump the Magnificent's spite tariffs, he directed the USTR to find an excuse to reimpose his spite tariffs, The USTR, will, of course, tell him what he wants to hear. So the temporary reprieve from his spite tariffs will vanish, giving the US economy another headwind.
Steve
