“Frequencyly speaking of newly elected presidents, we say it is nice to give them 100 days of tolerance to see what their policy is. But nobody gave Donald Trump these days. So at this stage, its measures must be divided into two. The one that is oriented towards the economy has a beneficial impact on the movement of the indices. In America, there was a falling out for more and more social payments, obviously it didn’t work. There must be cardinal changes and as if the market welcomes just that,” said Bandilov.
“The Finnish system was over-regulated for fear of repeating the 2008 crisis, but things are a balance and when you go to one extreme, then you have to go to the other to get in the middle. From one extreme, when we were over-regulated, we would go to a looser regulation and a more professional framework. This is also reported by the markets, as well as the growth of the financial sector,” said the analyst.
What the market also liked was the choice of key figures in the government, which are business oriented people, he added.
In his words, the financial sector is happy with President Trump because they see their representatives in power and release the tight regulatory framework.
http://www.bitelevision.com/pavel-bandilov-kak-pazarite-reagirat-na-politikata-na-tramp/
