u.s .,: That is no accident on the economic front, Trump's approach might have some redeeming qualities, according to The Japan Times. From the outset, the Trump administration has maintained a pro-business attitude, exemplified by his commitment to deregulation, raising hopes among investors of a boost to the U.S. and global economies. Yet America's stock market has performed well since Trump's election, faltering only when his administration's political future appears to be in doubt. To be sure, efforts to roll back, say, environmental protections will ultimately do serious harm to the U.S., even if they allow some companies to improve their bottom line in the short term. The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law by President Barack Obama in 2010, is a good example. But the Trump administration's eagerness to free financial markets of excessive regulation may ultimately prove beneficial for all. ; When regulations become too cumbersome, they can do more harm than good.
(news.financializer.com). As
reported in the news.
Tagged under u.s .,, stock market topics.