1248 GMT - Trump's inauguration speech looks like an advertising for America's market, Canyon Partners Chief Executive Officer Josh Friedman tells Bloomberg at the World Economic Forum in Davos, Switzerland. The speech was an open invitation for investment, he says, adding that merger and acquisition activity will likely accelerate under his mandate as interest rates are expected to fall. "High-interest rates and inflationary environment reduce M&A activity." Separately, Europe still offers excellent opportunities, he says. ( najat.kantouar@wsj.com)
(END) Dow Jones Newswires
January 21, 2025 07:50 ET (12:50 GMT)
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