Wall Street Opposition to Trump Dropping, Investors Say

Published on January 24, 2024

Multiple Wall Street investors appear to be conceding that former President Donald Trump will likely win the GOP primary for the 2024 presidential race. Charles Myers, a former vice chairman at investment bank Evercore and a Biden fundraiser, said that many investors “have resigned themselves to a Trump primary win and don’t want to throw good money after bad trying to stop him,” reported CNBC. That claim was made just before the former president won the New Hampshire primary against former South Carolina Gov. Nikki Haley. He also secured the first win of the primary season earlier this month in Iowa....