Trump's breaking point could come soon, analyst tells BI

[Dulcinea]

(Business Insider) -snip-Trump's unflinching pursuit of his protectionist agenda has come at a cost: The S&P 500 officially entered a correction on Thursday, down 10% from its February peak.

So far, Trump's team has shown that they're willing to tolerate stock market pain — but at some point, that pain may become unbearable.

Marko Papic, the chief strategist at BCA Research, thinks Trump might not be far away from his breaking point. He said a 15% to 20% decline in the S&P 500 could force the president to start walking back his trade war.

Economist Desmond Lachman, meanwhile, says the issue is less about a specific drop and more about how quickly and severely the sell-off unfolds: "What's occurred over the last couple of weeks, if that continues at this kind of pace, he'll have to cave."

https://finance.yahoo.com/news/trumps-breaking-point-could-come-213343951.html?.tsrc=daily_mail&segment_id=DY_VTO_CORE&ncid=crm_19908-1475736-20250315-0&bt_user_id=pTDoXUeASRIF%2BgOJAzKgQabQiOHepxYbnYFISm9vQxsuWrE44OlFo8PVfJlFgpc2&bt_ts=1742044053275