Is Trump's Bank De-Regulation About To Supercharge Stock Returns?
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Authored by Simon White, Bloomberg macro strategist,
Stocks are at greater downside risk from speculative excess that is likely to be supercharged if further bank deregulation is applied by the incoming Trump administration.
Be careful what you wish for. The increasingly febrile stock market, seen by Donald Trump as a scorecard of his prowess, could get even wilder if banking deregulation leads to a further rise in liquidity. That could be enough to tip stocks over the edge, taking Trump’s scorecard with it.