trump ascendancy: Financial markets rallied across the globe late last week after the Trump ascendancy with Wall Street surging to a new record, according to Australian Broadcasting Corporation. And all because a few soothing words in the Donald acceptance speech convinced twitchy traders that, hey, he not such a bad guy after all. Reuters Toru Hanai Related Story A Trump presidency could bring a range of economic disasters Related Story US election stakes are high, not just for the US but the world Related Story The markets tell us president Trump is worse than Brexit Map United States So, there really was nothing to fear. For months, the conventional wisdom within the world of high finance was that Trump would be a disaster socially, politically and especially for the economy. That those fears could evaporate so suddenly says as much about the shallow nature of equity markets as it does about the fickleness of the President-elect. A potential Trump victory had a million fingers poised above the sell button.
(news.financializer.com). As
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