Wall Street has typically held the idea that a Trump administration would be beneficial for deals and mergers, mainly due to his business-friendly policies. They believe that reduced regulation, a lower corporate tax and the potential for repatriation of foreign profits could stimulate deal-making in various sectors. However, it’s important to note that political enthusiasm does not always directly result in business outcomes, and other factors such as economic conditions, market sentiment and regulatory realities also greatly affect the pace of deal-making.