Trump is sparking steep losses in areas of the market he's targeted, a group of researchers said.
Researchers pointed to Trump's many "tantrums" against certain companies and sectors, which sparked sell-offs.
AdvertisementThe market is in the midst of another "Trump Dump," a phenomenon where stocks see deep losses when the presidential hopeful targets them, according a group of researchers.
Advertisement"As bad as turbulence has been, a second Trump term promises to be even more perilous for the stock market," they added, pointing to the potential consequences of Trump's economic policies.
Other economists have criticized Trump's economic agenda.
Persons:
Trump, —, Jeffrey Sonnenfeld, Whitney Tilson, Steven Tian —, Davidson, Powell, Donald Trump, Harris, Joseph Stiglitz
Organizations:
Service, Bloomberg, Taiwan Semiconductor, Nasdaq, Clean Energy, Harley, Delta Airlines, Biden, Trump
Locations:
Taiwan, Trump's