Following Donald Trump’s presidential victory, from Wall Street to Main Street, the polls are showing that there are high expectations for a more positive economic future.
Tag: Wall Street
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U.S. GDP GREW 2.8 PERCENT IN OCTOBER
The U.S. economy expanded by 2.8 percent in July through September as consumer spending remained strong and exports surged, the Commerce Department said.
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STOCK TRADERS SHRUG OFF TRUMP’S TARIFF THREATS
Equity markets seem to be taking Donald Trump’s threats of expansive new global tariffs in stride.
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WALL STREET’S TOP BANKERS ARE BAILING OUT OF BANK STOCKS
James Gorman, Morgan Stanley’s CEO for the past 12 years, has sold $48 million worth of his hoard of Morgan stock so far this year, bringing the total he has cashed in to $78 million. Ted Pick, who will take over for Gorman in January, has sold $30 million worth of his shares, according to the Financial Times.
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