On the top of their wish list is a kinder, gentler tone.
Wall Street executives have cringed as Mr. Obama has adopted a more
populist rhetoric. He has recently attacked Wall Street for its greed
and bonuses, and he said he’s ready to “fight” bankers if they oppose a
new tax he wants to impose on their industry.
Since the president has donned his boxing gloves, the stock market has had a tough time, falling about 5 percent.
suggested [that] the president is confrontational with business,” says
Jeffrey Kleintop, chief market strategist at LPL Financial in Boston.
"A tone that says he is open to working together, to bring the best
minds together, would be welcome.”
Join us on our
Share this page with your friends
on your favorite social network: