A recent survey of over 680 influential voices has revealed a significant shift in global economic sentiment, with CEOs and investors alike expressing optimism about the prospects for the US economy under a Trump administration.
The Teneo survey found that 77% of global CEOs expect the global economy to improve within the first six months of 2025, up from 45% last year. This surge in confidence is driven by several factors, including the expected resurgence of mergers and acquisitions (M&A), increased hiring, and higher levels of US and foreign investment.
According to Paul Keary, CEO of Teneo, “The ‘Trump Effect’ is driving a resurgence in M&A, increased hiring, and greater levels of U.S. and foreign investment.” The survey also revealed that the US will be the primary beneficiary of this positive activity, solidifying its position as the most attractive investment destination for global businesses.
A majority of respondents (64%) believe Trump’s shift in tariff policies, along with rollbacks in taxes and regulations, will have a positive impact on their businesses next year. Additionally, 76% of CEOs and 83% of investors reported believing that the outcome of global elections in 2024 will improve the global economy and worldwide stability.
The survey also found that concerns about tariffs, trade barriers, and geopolitical tensions are outweighed by optimism about the economic benefits of Trump’s return. As a result, half of global CEOs are accelerating their investment and hiring efforts as a result of the 2024 election.
Source: https://www.axios.com/2024/12/18/trump-ceo-survey-economy-investment-outlook