Trump is growing stronger – but still on a very hybrid kind of policy platform.. strong on illegal immigration, tax the rich, universal health care, reverse outsourcing.. pro life.. pro guns..
NEW YORK — Wall Street is growing increasingly terrified that Donald Trump — once viewed as an amusing summertime distraction — could actually win the Republican nomination for president.
The real estate billionaire, who took another populist shot on Sunday by ripping into lavish executive pay, continues to rise in the polls. Would-be Wall Street saviors like Jeb Bush are languishing in single digits. The belief that Trump’s candidacy would quickly fade is now evaporating in a wave of fear.
“I held four lunches for investors in August and at the first one everyone assumed Trump would implode,” said Byron Wien, vice chairman of Blackstone Advisory Partners and a senior figure on Wall Street. “By the fourth one everyone was taking him very seriously. He taps into frustrations that are very real and he is a master manipulator of the media.”