BUSINESSFORTUNE
The ‘Trump Trade’ is turning into a loser in the stock market
The Trump Trade, a stock market strategy tied to Donald Trump's policies, has declined sharply since May as ETFs linked to homebuilding, defense, and manufacturing fell 16%. Analysts attribute the downturn to rising energy prices, inflation, and the US-Iran conflict, which disrupted economic conditions and overshadowed earlier gains in 2024.
Mentioned
Donald TrumppersonNed Davis ResearchorganizationPat TschosikpersonBCA ResearchorganizationMatt GertkenpersonVanEck Rare Earth and Strategic Metals ETForganizationGlobal X Uranium ETForganizationTruth Social God Bless America ETForganizationPoint Bridge America First ETForganizationTrump TradetopicIran wartopic
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