Wall Street executives and their advisers are optimistic that a Trump presidency will bring about a new era of deal-making, both in domestic business and international trade. The president-elect’s policies, which focus on deregulation, lower taxes and increased infrastructure spending, have been touted as pro-business and could potentially stimulate mergers, acquisitions and other transactions.
Trump’s long career in real estate and his self-professed “deal-making” ability are also elements that could shake up the business landscape. His administration may enact policies that result in lowered corporate taxes, thereby freeing up capital for deals.
There are, however, potential areas of concern. Trump’s stance on trade policies, including potentially high tariffs for imported goods and the threat of a trade war with China, are potential headwinds for international deal-making. His views on immigration could also impact the tech industry, which relies heavily on foreign talent.
While the market initially responded to Trump’s election with volatility, it has largely recovered and even flourished as investors anticipate pro-growth policies. It remains to be seen how these predictions will play out in the coming years, but the general outlook among Wall Street executives is one of cautious optimism.
