The myth of Donald Trump, CEO president - News Summed Up

The myth of Donald Trump, CEO president


New York (CNN Business) Donald Trump ran as America's first CEO president, one whose business skills made him uniquely qualified to run the world's largest economy. Corporate America loves Trump's business tax cuts and deregulation, both of whichhave helped accelerate economic growth and send the bull market into overdrive. Trump's tax cuts sparked a stock market boom in late 2016 and 2017 as well as record profits and stock buybacks this year. The Trump bump in the stock market has started to fade as the buzz of the tax cuts' stimulus has lessened. Now CEOs are wondering whether year three will bring back a return of pro-business Trump or if populist Trump will win out.


Source: CNN November 06, 2018 19:52 UTC



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