According to Investor Kingsley Jones, actions of investment banks that will benefit from the presidency of Trump, who said that the time has come to “accelerate”.
In an interview with Martin Soong from CNBC, the Australian investor issued a stubborn tone of the perspective of action when the second term of US President Donald Trump begins.
“Overall, Wall Street will do quite well from Trump's presidency,” said Jones, founder and investment director at the Jevons Global advisory company.
He added that the banks were particularly well placed, taking into account the promise of loosening the provisions regarding the contract and imposing commercial tariffs that could see enterprises again focused in the USA
“When you have such a great change, which is very pro-business in the United States-a lot of talks about building new factories, as well as changing commercial patterns-I think that finances will do quite well,” said Jones.
“There is a big need for investment banks to increase and finance any changes in activity,” he added, calling Jpmorgan AND Goldman Sachs He likes two supplies especially.
Comes after record quarter In the case of banks, after the bumper trade in the presidential election and more investment banking agreements.
According to Data and Analytics Greenwich, Trump's return to the White House will increase the income of the investment bank to $ 316 billion in 2025 Reuters reported. The same data suggest that M&A bankers can earn around $ 27.6 billion. If so, it would be the second highest -fierce year in two decades.
After the victory of Trump's election in November, traders and leaders at Wall Street said they were expecting The gate to open on activities related to fusion and acquisition. David Solomon, general director of Goldman Sachs, repeated this sentiment in Januaryclaiming that Trump has restored “a significant change in CEO trust” and “increased appetite for creating transactions supported by an improved regulatory background.”
AI Race of two horses
Elsewhere, Jones said he appeared Open AI model in China It is to cause a “boom” in the artificial intelligence competition.
He said, however, that this is definitely a two -deck race between the USA and China.
“In China, the use of these models will take place, as well as in the United States and elsewhere,” he said.
“(Ale) these are these two nations,” said Jones, adding that Europe “starts from the back.”
