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by mxscho 2349 days ago
Boeing is the stock with the biggest weight within the Dow Jones Industrial Average. Trump often uses this index as a public measure of his personal success.

Is it too much to assume that the government would try to figure out some rescue operations (whatever they may look like) to save Boeing financially in case that this is required? One reason for the trade dispute with the EU is Airbus.

1 comments

Not just for that reason - Boeing are pretty important for the military for all sorts of reasons. They would never let them go bankrupt.
Well, they don't need to go bankrupt to tank the DJIA. Having said that, Trump would cite the Eurostoxx 50 if he felt it made him look good. It's more a case of selecting data that makes him look good than actually being committed to one understanding of success.