Faculty Publications

Title

A tweet by President Trump could end the 10-year bull stock market

Document Type

Article

Publication Date

10-11-2017

Abstract

In a recent interview, President Trump roiled the municipal bond markets when he talked about forgiveness of Puerto Rican government debt, which totals more than $73 billion. “You know, they owe a lot of money to your friends on Wall Street, and we’re going to have to wipe that out,” the president said.