JPMorgan: The first two years of Trump's second term could be quite influential
ChainCatcher news, Stephen Gretsky, Managing Director of JPMorgan Private Bank, stated that if Trump makes policy changes regarding taxes, deregulation, and cryptocurrency, the first two years of his second term could be "quite influential."Gretsky noted that Trump's tax cut plan is key. "If you buy stock in a company, you are clearly buying their future after-tax earnings. If the tax rate is low, stock prices will be high. I think that's what we saw last week. It's clear that both the House and the Senate are now on Trump's side, so we may see things move in that direction over the next two years." He also pointed out that "doing these things may not be as easy" after the 2026 midterm elections.