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Trump Trades Stumble as Chinese Stocks Surge

Wesley ParkSunday, Feb 16, 2025 6:39 pm ET
4min read


The speculative fervor unleashed by Trump's victory has started to wane, but the bull run in U.S. stocks will likely continue. That didn't take long. President Donald Trump has been back in the White House for less than a month, but many of the most popular "Trump trades" have already seen their momentum wane, while Chinese and European stocks are racing ahead.

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

The U.S. dollar has weakened, and bitcoin has retreated from its record high. Is the "Trump trade" fizzling out? Photo: MarketWatch photo illustration/Getty Images, iStockphoto

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