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So much for the post-Trump-victory drug stock rally

So much for the post-Trump-victory drug stock rally

“I’m going to bring down drug prices. I don’t like what’s happened with drug prices,” President-elect Donald Trump said in an interview with Time posted on the magazine’s website today. So much, the stock market has concluded today, for the idea that a President...
Oil stumbles to near $42 before steadying

Oil stumbles to near $42 before steadying

I suspect that today’s “rally” in oil was simple a result of the commodity falling too far, too fast and opening the way for some traders to make a buck or two on the upside. U.S. benchmark West Texas Intermediate fell to $42.24 a barrel as of 11:45...
Global bond markets decide Trump means more government spending, a big tax cut, bigger deficits, and higher inflation–and increased odds that the Fed will raise interest rates faster than expected just last week

Global bond markets decide Trump means more government spending, a big tax cut, bigger deficits, and higher inflation–and increased odds that the Fed will raise interest rates faster than expected just last week

Global bond markets fell to the tune of a more than $1 trillion loss this week after Donald Trump’s win in the U.S. presidential election. The market value of the Bank of America’s Global Broad Market Index, which tracks 24,000 bonds around the world, fell...
Get Grandfathered at JugglingWithKnives.com

Get Grandfathered at JugglingWithKnives.com

Please note, this isn’t the same thing as being a grandfather. But have I got a deal for you. Go to my new site JugglingWithKnives.com before November 15 and sign up to receive my nightly emails from that site. Then you’ll have access to the site and...