The third force to save the US stock market -- Corporate CEOs
Goldman Sachs trader Rich Privorotsky pointed out that after the expiration of the "Trump put options" and "Powell put options," corporate CEO put options began to take effect in the U.S. stock market. Many CEOs of large companies went to the White House to lobby Trump, explaining the impact of policies on business, which led to exemptions and delays in tariffs. Recently, executives from retail giants including Walmart and Target met with executives from German automotive giants, prompting Trump to soften his stance on tariffs
After the "Trump put options" and "Powell put options" both became ineffective, Goldman Sachs trader Rich Privorotsky believes a third type of put option is starting to take effect in the U.S. stock market: corporate CEO put options.
He believes that the CEOs of large companies are rushing to the White House to lobby Trump, explaining the microeconomic impact of policies on their respective businesses, which seems to be leading to exemptions and delays in tariffs.
For example, in the past few days, executives from U.S. retail giants including Walmart and Target, as well as executives from Germany's three major automotive giants, have visited the White House, resulting in a softening of Trump's stance on tariffs.
Perhaps these CEOs have made Trump understand the true state of the economy.
