Trump’s First 100 Days: Markets Wait To See If Talk Turns To Action
Donald Trump’s talk of corporate tax cuts, cutting regulation and spending big on infrastructure helped boost the stock market about 5%, but those gains will fade unless his talk turns into action.
That’s why everyone is waiting to see what will come of Trump’s first 100 days, and experts say he not only needs to come through on the above promises, he also needs to dial back his controversial views, USA Today reports.
While perhaps all of Trump’s controversies were meant only for the campaign trail, experts are quick to point out it could be a disaster if some of them find their way into the Oval Office, saying the market is almost sure to backfire if Trump acts on his more controversial foreign policy or international trade views. [USAT]