Arthur Hayes: Most of Trump supporters do not hold a large amount of financial assets, so they can be tough on tariff issues.

GateUser-6433627c · 2025-04-07T00:41:09+00:00

On April 7, Arthur Hayes posted on social media stating that a considerable portion of Trump's supporters do not hold a large amount of financial assets. He believes that there is a strong sense of schadenfreude between those who hold stocks and those who do not — precisely for this reason, Trump dares to take a hard line on tariff issues, as he is confident that his core supporters will back him.

GateUser-6433627c

2025-04-07 00:41:09

On April 7, Arthur Hayes posted on social media that a significant portion of Trump’s supporters do not hold significant financial assets. In his own view, the schadenfreude between non-stakers and stakeholders is strong — which is why Mr. Trump has dared to take a hard line on the tariffs because he is confident that his core supporters will stand up for him.

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