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Former President Donald Trump sits in New York State Supreme Court during the civil fraud trial against the Trump Organization, in New York City on Jan. 11, 2024. Peter Foley/AFP via Getty Images
Behind the scenes, New York investors are silently hand-wringing over the possible long-term effects of a judge’s massive fraud ruling against former President Donald Trump.
Although investors won’t publicly admit it, the case is having a chilling effect, said Charles Trzcinka, professor of finance, Indiana University-Bloomington.