More than two months into Donald Trump's term, with details of his “Liberation Day” regimen revealed this week, Forbes reached out to 50 top Wall Street leaders, including billionaire investors, major institutional asset managers and the nation's largest wealth advisors, to gauge their support for the president’s economic strategies.
The 50 respondents, chosen for their outsized influence, reinforced the recent market tumult. Among these Wall Street heavyweights – more than half of whom supported Trump’s economic policies as he reentered the White House in January – 72% say the Trump team’s economic plan has been ineffective, and 66% did not support his economic policies. Among those who were Trump supporters as recently as a few weeks ago, more than one-third now no longer back his economic policies, and a majority of them—54%—say he is failing in the execution of his plan.
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