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MONDAY, NOVEMBER 2, 2026 · ISSUE No. 218

B1 · IntermediateAdapted from Expansión

Wall Street and Trump: Why Could Markets Get a Scare?

Wall Street y Trump: ¿por qué puede haber un susto?

Sep 24, 20261 min readGraded Spanish · word-by-word audio

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Wall Street puede tener un susto hasta final de año. Los expertos comparan el segundo mandato de Donald Trump con el primero. En septiembre de 2018, casi a la mitad del primer mandato de Trump, la Bolsa de Nueva York alcanzó su máximo de ese año.

Ahora, con Trump 2.0, el mercado se pregunta si pasará lo mismo. Algunos analistas creen que la historia puede repetirse. La política de tipos de interés y los resultados electorales son claves para el futuro de la Bolsa.

Por eso, muchos inversores están nerviosos. No saben si vender sus acciones antes de final de año o esperar. En los próximos meses, Wall Street puede sufrir otro susto como en 2018.

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Watch out, English speaker

Spanish uses 'comparar A con B,' while English typically says 'compare A to B' or 'compare A with B.' English speakers often reach for 'to,' but in Spanish 'con' is the standard preposition here, so 'comparar el segundo mandato con el primero' is correct. In Spanish, 'no saber si...' takes the indicative, not the subjunctive: 'No saben si vender... o esperar.' English speakers who have learned that doubt triggers the subjunctive may wrongly say 'No saben si vendan,' but 'si' clauses of uncertainty stay in the indicative, just like English 'whether they will sell.' Spanish 'susto' is a sudden scare or fright, not the ongoing anxiety English 'stress' suggests. Learners may translate 'tener un susto' as 'to be stressed,' but it really means 'to get a scare,' which fits market volatility much better.

Key vocabulary

  • sustom.

    scare, fright, shock

    “Wall Street puede tener un susto hasta final de año.”— Wall Street could get a scare before the end of the year.

    Pattern dar un susto to get a fright

    Compare miedo fear

    Plural: sustos

    💡 From the verb asustar (to frighten); in the stock market it often metaphorically refers to a sudden drop.

  • mandatom.

    term, mandate, tenure

    “Los expertos comparan el segundo mandato de Donald Trump con el primero.”— Experts compare Donald Trump's second term with his first.

    Pattern primer mandato first term

    Compare periodo period

    Plural: mandatos

    💡 From Latin mandatum, meaning a commission or command; in politics it often refers to a presidential term.

  • alcanzarv.

    to reach, to hit

    “La Bolsa de Nueva York alcanzó su máximo de ese año.”— The New York Stock Exchange reached its high for that year.

    Pattern alcanzar un máximo to reach a high point

    Compare llegar a to arrive at

    Conjugation: alcanzo, alcanzas, alcanza...

    💡 Root al- + canza, originally meaning 'to chase', extended to mean 'to reach'.

  • subidaf.

    rise, increase, climb

    “El ciclo de subidas de tipos de la Reserva Federal cambió la situación.”— The Federal Reserve's cycle of rate hikes changed the situation.

    Pattern subida de tipos rate hike

    Compare aumento increase

    Plural: subidas

    💡 From the verb subir (to rise); in economic news it often refers to an increase in interest rates or prices.

  • inversorm.

    investor

    “Muchos inversores perdieron dinero.”— Many investors lost money.

    Pattern inversor extranjero foreign investor

    Compare accionista shareholder

    Plural: inversores; feminine: inversora

    💡 From inversión (investment), referring to a person who puts in money.

  • analistam./f.

    analyst

    “Algunos analistas creen que la historia puede repetirse.”— Some analysts believe history may repeat itself.

    Pattern analista financiero financial analyst

    Compare experto expert

    Plural: analistas

    💡 From análisis (analysis), referring to a person who does analysis work.

  • resultadom.

    result, outcome

    “Los resultados electorales son claves para el futuro de la Bolsa.”— Election results are key to the future of the stock market.

    Pattern resultado electoral election result

    Compare consecuencia consequence

    Plural: resultados

    💡 From the verb resultar (to produce a result); in elections it often refers to the voting result.

  • nerviosoadj.

    nervous, anxious, jittery

    “Muchos inversores están nerviosos.”— Many investors are nervous.

    Pattern estar nervioso to feel nervous

    Compare inquieto uneasy

    Feminine: nerviosa; plural: nerviosos

    💡 From nervio (nerve), describing a tense emotional state.

  • sufrirv.

    to suffer, to endure

    “Wall Street puede sufrir otro susto como en 2018.”— Wall Street could suffer another scare like in 2018.

    Pattern sufrir un susto to get a fright

    Compare padecer to suffer

    Conjugation: sufro, sufres, sufre...

    💡 From Latin sufferre, meaning to endure pain or difficulty.

Grammar spotlight

Comparatives: comparar A con B

A2

Use comparar A con B to mean "to compare A with B." A and B can be nouns or noun phrases. The preposition con is required.

“Los expertos comparan el segundo mandato de Donald Trump con el primero.”— Experts compare Donald Trump's second term with his first.

⚠️ Don't use comparar A a B; the correct preposition is con.

Indirect questions: no saber si...

B1

Use no saber si + indicative to mean "not to know whether..." The clause introduced by si takes the indicative, not the subjunctive.

“No saben si vender sus acciones antes de final de año o esperar.”— They don't know whether to sell their shares before the end of the year or wait.

⚠️ Don't use the subjunctive, e.g. no saben si vendan, which is incorrect.

Sentence patterns to steal

  • Wall Street puede tener un susto hasta final de año.

    Wall Street may get a scare before the end of the year.

    Subject + puede + infinitive + hasta + timeYou can replace the subject (e.g. El mercado), the verb (e.g. caer), and the time expression (e.g. final de mes).
  • Los expertos comparan el segundo mandato de Donald Trump con el primero.

    Experts compare Donald Trump's second term with his first.

    Subject + comparar + A + con + BYou can replace the things being compared, e.g. comparar la situación actual con la de 2018.
  • Algunos analistas creen que la historia puede repetirse.

    Some analysts believe that history may repeat itself.

    Algunos + noun + creen que + clauseYou can replace the subject (e.g. Muchos inversores) and the content of the clause.
  • La política de tipos de interés y los resultados electorales son claves para el futuro de la Bolsa.

    Interest rate policy and election results are key to the future of the stock market.

    A y B son claves para + nounYou can replace A and B with other factors, e.g. la inflación y el empleo.
  • No saben si vender sus acciones antes de final de año o esperar.

    They don't know whether to sell their shares before the end of the year or wait.

    No saber si + infinitive + o + infinitiveYou can replace the two actions, e.g. comprar o vender.

Wall Street and the Federal Reserve

Wall Street is a street in Lower Manhattan, New York City, and the home of the New York Stock Exchange. It is often used as a byword for the U.S. financial markets. The Federal Reserve is the central bank of the United States and influences the economy by adjusting interest rates. In 2018, the Fed raised rates several times, which caused the stock market to fall.

Source: Wikipedia: Wall Street, Federal Reserve

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