Wall Street sell-off is actually being caused by warped expectations vs reality, says JPMorgan strategy boss

• Wall Street initially expected a pro-business environment under President Trump, but instead faced market volatility due to tariffs, austerity measures, and economic uncertainty. While some investors see opportunities in the downturn, analysts are realizing that expectations for Trump’s policies have not aligned with reality, leading to market corrections and a reassessment of future growth.

When Donald Trump won the election JPMorgan Chase CEO Jamie Dimon said bankers would be dancing in the street.