President Donald Trump may be “obsessed” with Amazon, but that doesn’t indicate the firm will face any meaningful action from the president, Deutsche Bank composed Wednesday.
“We observe a few little threat that the President might use the bully pulpit to criticize Amazon, and potentially put some roadblocks for the business,” analyst Lloyd Walmsley advised customers. But “if it were such a slam dunk event, we think it’s quite probable that we would have seen a tweet from @RealDonaldTrump regarding an impending regulatory action.”
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