‘Animal spirits alive’ as Wall Street bankers anticipate Trump boom
by Kalyeena Makortoff and Graeme Wearden in Davos from Economics | The Guardian on (#6TQGN)
US president is expected to slash financial controls and prompt wave of dealmaking
Wall Street bankers say they are at the beginning of go mode" as they expect Donald Trump's return to the White House to lead to a boom in the industry.
Trump's second term is expected to result in a bonfire of regulations, including across financial services, with the president having promised during his election campaign to slash 10 existing regulations for every new one created in an attempt to spur economic growth.
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