Wall Street Is Getting Antsy With Trump

President Trump’s keynote this week at a Saudi sovereign wealth fund’s conference in Miami Beach might have seemed like another jubilant pep rally attended by adoring fans and key lieutenants.Elon Musk sat in the front under a vast rotunda, not far from the real estate billionaire Steve Witkoff, now a White House special envoy to the Middle East, and Jared Kushner, the president’s son-in-law.All received shout-outs from Mr.

Trump, and frequently laughed at the president’s early jokes during his 90-minute talk.But in the venue’s packed lobby, which had been repurposed as an overflow room with television screens set up for roughly 150 finance types, the mood was a bit antsy.It was hard to tell if that was because of the heat or the speech, or something else.These portfolio managers and financial consultants, many in dark suits, had waited for about three hours to secure a coveted seat in the Faena Forum, a pearly white hotel and conference center co-owned by a major Trump donor.Those souls turned away from the main hall were instead told to hang in a pink-marble-trimmed room that didn’t have enough chairs.The San Pellegrino quickly ran out, and there was no food save for a single jar of honey that a private equity marketer managed to beg off the catering staff.That this crowd waited just to see Mr.

Trump on a closed-circuit screen on Wednesday was an indication of their collective enthusiasm for, or at least acute interest in, what Mr.Trump would say in his first second-term, in-person address to the international business set, a group that had high hopes for his return to office.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.

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