“It took less than a month for the second Trump administration to cool the enthusiasm of chief executives and dealmakers,” the Wall Street Journal reports.
“Consumer sentiment is down and inflation expectations are rising, driven in part by worries about the impact of a threatened trade war. The deals market just ended its quietest January in a decade. A Justice Department that was expected to wave through acquisitions instead sued to block a big technology merger.”
“Corporate bigwigs are now using phrases like ‘fragility,’ ‘volatility’ and ‘wait and see’ to describe their outlooks.”
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