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ABC News: Wall Street Sees Trump White House as Pro-Business

Rebecca Jarvis cited the prospects of tax reform, deregulation, and an infrastructure program as the reason why stocks are at record highs.

ABC News’ Rebecca Jarvis reported on Tuesday that Wall Street sees President Trump’s administration as “pro-business,” and attributed that as the reason why stocks are at record highs.

“Wall Street sees this White House as pro business,” Jarvis reported. “That’s what helped propel stocks to these new record highs. The prospect of tax reform, deregulation, an infrastructure program. All of these things that business views as positive with them the market continues to rally.”

The stock market in Trump’s first one hundred days saw the most growth by a Republican president since George H.W. Bush.