Trump's tariff reversal may only extend Wall Street's pain
1. Trump's 90-day tariff pause boosts S&P 500 but hinders M&A activity. 2. Investors remain cautious, expecting a potential hiring freeze on Wall Street. 3. Delay in deals could extend bonus expectations, impacting financial sector morale. 4. Uncertainty looms as dealmakers hesitate amid evolving tariff implications. 5. Potential layoffs may follow if market conditions do not improve.