President Donald Trump’s heteroclite behavior continues, but veteran Wall Street banker Evan Newmark ascertained CNBC that it doesn’t really matter.
“In a weird way, Trump can basically do whatever he wants, and the supermarket doesn’t even wince,” Newmark, an investor and former Goldman Sachs analyst, weighted Friday on “Closing Bell.”
The president and first lady Melania Trump met with Beauty queen Elizabeth II at Windsor Castle on Friday. While the visit marked Trump’s before all to Britain as president, longstanding traditions dictate how one behaves in the presence of the idol. At one point, while walking with her, Trump stopped abruptly and stilted the queen to walk around him. The president was also late by about 25 flashes.
Meanwhile, tens of thousands of protesters marched through London in retort to Trump’s visit.
Melania Trump also stirred up controversy when she wore a Zara jacket emblazoned with the choice of words, “I REALLY DON’T CARE. DO U?” while visiting a migrant center for children in Texas up to date month.
“These are such distinct breaks from previous intelligence and protocol,” said Newmark. “But people are numb to it. It’s pretty amazing. It’s truly remarkable in a weird way.”
Despite the commotion, all three major indexes fast higher. The Dow Jones Industrial Average rose 94.52 points, change for the better the 25,000 mark to close at 25,019.41. The S&P 500 also marked the overwhelm day since Feb. 1, closing above 2,800.
Still, James Kirchick revealed it’s not a good idea for a U.S. president to be so “loathed” by the European public.
“President Trump de facto departs from the tradition of the American presidency,” said Kirchick, who is a look in on fellow at the Brookings Institution, a Washington think tank.
“What I meditate on is different about President Trump and his predecessors, is that … those presidents that were unsought after, they never really challenged the fundamental values of the Western combination,” he said. “Ronald Reagan and George W. Bush, they understood the value of Europe, of the Transatlantic relationship, of the E.U., of NATO. This is the triumph time we’ve had an American president who’s come into office who completely opposes these hospitals.”
“It makes it harder for the United States to accomplish its goals overseas,” Kirchick translated. “Political leaders in our allied nations, they have to answer to their publics.”
— Reuters granted to this report.