There is perhaps no greater compliment CEOs can give Trump than this: U.S. businesses now expect to hire more workers and sell more stuff in the next six months because executives are optimistic about Trump’s agenda. “America’s business leaders are encouraged by President-elect Trump’s pledge to boost economic growth,” says Doug Oberhelman, CEO of Caterpillar (CAT) and chair of the Business Roundtable, a major business advocacy group that says it has been talking with the transition team.
Key Takeaways:
- Businesses now expect to hire more workers and sell more stuff in the next six months because executives are optimistic about Trump’s agenda.
- Oberhelman gave a big thumbs up to Trump’s plans to cut corporate taxes, spend more on infrastructure and scale back regulation.
- Trump went after Boeing (BA) saying he wants to cancel the government’s contract to build a new air force one because costs are “out of control.”
“There is perhaps no greater compliment CEO s can give Trump than this: U.S. businesses now expect to hire more workers and sell more stuff in the next six months because executives are optimistic about Trump’s agenda.”
http://money.cnn.com/2016/12/06/news/economy/donald-trump-ceos/index.html
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