Trump will be tweeting about this in the morning

[elleng]

4. Business, Anticipating Less Regulation, Loosens Purse Strings.

Reasonable, and to be expected.

*The evidence is weak that regulation actually reduces economic activity or that deregulation stimulates it. But business executives are largely convinced that the cost of complying with rules diverts money that could be invested elsewhere. And economists see a plausible connection between Mr. Trump’s determination to prune the federal rule book and the willingness of businesses to crank open their vaults. Measures of business confidence have climbed to record heights during Mr. Trump’s first year.

“The notion that deregulation unleashes growth is virtually impossible to find in the data,” said Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities who served as the chief economic adviser to Vice President Joseph R. Biden Jr. “What does matter is this idea that confidence matters. If their expectations about the future are positive, then it does make a difference.”'