Just a few months ago, as CEOs packed the front row at the U.S. presidential inauguration, the business mood was optimistic. The stock market was soaring, crypto was headed to the moon, Elon Musk was rooting out D.C. inefficiencies, and regulation was receding.
Today that optimism has been replaced with caution. This is not the same President Trump we’ve seen before. Once a novice to the gummed-up processes in Washington, he is now moving with the benefit of hindsight and four years’ experience. This Trump is more powerful and faster at putting his agenda to work, removing barriers that previously held him back.
