Finance

Trump to Boost Public, Private Markets, Franklin’s Johnson Says

Franklin Templeton CEO Jenny Johnson discusses US President Donald Trump’s day-one policy pledges, the outlook for initial public offerings, the cryptocurrency market and inflation. Source: Bloomberg
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US President Donald Trump’s policies will lift the economy and support public and private markets, according to Franklin Templeton Investments’ chief executive officer.

Trump’s support of deregulation, and his proposed spending policies and tax cuts will all go toward boosting growth, Jenny Johnson said in an interview with Bloomberg TV at Davos on Tuesday. “I think the view is that he’s going to be good for the economy and that therefore is good for both public and private markets.”