Earlier today, Hedgeye Director of Research Daryl Jones discussed the incoming Trump administration and its investing implications on BNN.
Here's a quick look at what Jones had to say.
“[Trump] has definitely increased confidence. We’ve seen consumer confidence go up. More importantly, we’ve seen small business confidence go up. There’s still a lot to be unraveled in terms of what his policies will look like, what impact they’ll have on the economy and the stock market.”
“Lower taxes and less regulation have spurred confidence.“
“I’m a small business owner. My partners and I—when we think about investing—lower taxes means more money we can put into our business and more money we can hire with. We’re talking about corporate rates that can go from 35% to 15%. That's a very meaningful decline.”
Click image below to watch interview
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