Our “Un-Making the Rules” roundtable participants chose these charts to illustrate the potential market implications of an easier regulatory environment in the US.
"We see room for increased capital expenditure in a more
confident business environment, given the patchy
recovery since the crisis. As a result, we have positioned
portfolios to gain from continued credit expansion and
modest defaults, while preserving liquidity to make
adjustments under stressed scenarios."
"We favor midstream companies such as pipelines as
they are federally regulated—upstream companies are
regulated at the state level—and they are less exposed
to fluctuations in commodity prices. And energy
infrastructure funds have registered strong inflows
— Kyri Loupis
"If CEO confidence continues to improve, we could
see some uplift in strategic M&A. That said…
Trump’s stated emphasis on jobs may mean more
obstacles to consolidation in some sectors."
— Stephen Waxman