The Business Times

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Oct 7, 2020

Trump’s ‘illogical’ move to end stimulus talks baffles Wall Street and Washington

President Donald Trump’s decision on Tuesday to end negotiations over additional Covid-19 stimulus left many on Wall Street and in Washington baffled.Why, they wondered, would the White House would make such an abrupt move away from an economic boost in the home stretch of his reelection campaign? Observers saw the president’s tweet as a self-inflicted wound. One senior Wall Street banker called Trump’s move to torpedo talks “illogical,” especially just weeks until Election Day. Read More ... (CNBC)