Trump Says the Us Should Do Away with Quarterly Earnings Reports

should be replaced with near-real-time public dashboards of estimated values for standard operating metrics

then a company should be audited every so often for how far off their estimated values are from expert opinions of the same metrics, based on the auditor's analysis of the same base data set

1. On the downside, this could be seen as reducing transparency and possibly enabling corruption and other nefarious behavior. Given what we know about Trump, I'd assume this is his motivation for pushing this item, but...

2. On the flipside, moving away from such a quarterly focus on things could help companies shift to taking more of a long-term view, and could reduce the frequency of knee jerk reactions designed to boost quarterly earnings.

I'd say (2) slightly outweighs (1) in my mind, so I generally think this would be a good move - on balance - if it happens.