The election of President-elect Donald Trump has the overwhelming majority of global CEOs optimistic about the worldwide financial market, according to new a survey released Wednesday by Teneo.
The survey complied the opinions of over 300 global CEOs of publicly traded companies and 380 institutional investors representing roughly $10 trillion of company and portfolio value. 75% of CEOs, a massive leap from 45% prior to Trump's victory, and 86% of investors expect the global economy to improve over the first six months of 2025.
"Buoyed by the 'Trump Effect,' the market expects a resurgence of M&A, increased hiring, and greater levels of U.S. and foreign investment," said Teneo CEO Paul Keary. "The U.S. will clearly be the beneficiary of much of this positive activity, solidifying its position as the most important investment destination for global businesses," he added.
The poll was not all roses for the incoming administration. While optimism about the appreciation of the dollar and an acceleration of mergers and acquisitions were high, 87% of CEOs and 82% of investors expect trade wars to escalate under Trump. Likewise, when asked about increases in global conflict, 75% of CEOs and 78% of investors felt more tension was likely.
The number of CEOs committed to Environmental and Social Governance (ESG) policies decreased 6 percentage points from CEOs and 14 percentage points from investors over last year. Yet, the drop in ESG did not correspond to a dip in companies' diversity, equity, and inclusion (DEI) efforts. Zero percent of investors expressed a desire for companies to drop DEI efforts, and 48% of CEOs said they plan to increase the hiring practices.
The Teneo survey was conducted between Nov. 11 and Dec. 3, 2024, of more than 300 global public company CEOs and 380 institutional investors. A margin of error percentage was not provided.
James Morley III ✉
James Morley III is a writer with more than two decades of experience in entertainment, travel, technology, and science and nature.
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