After years of slowing earnings growth and little in the way of excitement for many Wall Street analysts, many are now hopeful that President-elect Donald Trump will finally make things interesting.
When collating data for the Goldman Sachs Group Inc. Analyst Index — a proprietary measure of growth across different sectors of the S&P 500 — the firm included a question this month on what the election of Donald Trump will mean for the industries covered by those surveyed. Turns out, they are rather optimistic.
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Time For Truth: (Bloomberg) – Goldman Says Trump's Presidency Will Benefit Stocks in Almost Every Sector
The pre-election predictions of communications professionals surveyed by PRWeek proved to be unanimously – and embarrassingly – wrong. Could every PR executive in the U.S. have been so off, or was this a case of media bias in choosing the “experts?”
On Nov. 8, PRWeek published “They’re with her: PR execs predict a resounding Clinton victory,” in which it reported the pre-election predictions of 22 communications professionals – not one of whom predicted Donald Trump would win the election. Not only were their predictions wrong, they were embarrassingly wrong, with some apparently more influenced by personal opinion than science.
Under the twisted premise of losing the popular vote and “no taxation without representation”, TIME’s Mark Weston proclaims that the approximately 65 million Democrats who voted for Hillary Clinton should pledge “we won’t pay taxes to the federal government… until democracy is restored.”
Because, It’s just not fair?
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Time For Truth: (Zero Hedge) – Time Urges 65 Million Americans Who Voted For Hillary Not To Pay Taxes
When George W. Bush assembled his first Cabinet in 2001, news reports dubbed them a team of millionaires, and government watchdogs questioned whether they were out of touch with most Americans’ problems. Combined, that group had an inflation-adjusted net worth of about $250 million — which is roughly one-tenth the wealth of Donald Trump’s nominee for commerce secretary alone.
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Time For Truth: (The Washington Post) – Donald Trump is assembling the richest administration in modern American history
Politico’s Glenn Thrush, who was exposed in WikiLeaks emails sending stories to Hillary Clinton staffers before publication, will be joining the New York Times to cover the White House, The Huffington Post reported Monday.
“We’re thrilled that Glenn Thrush is joining The Times,” Elisabeth Bumiller, The New York Times’ Washington bureau chief, told The Huffington Post. “He’s a premier political journalist, a master of breaking news and long-form story telling and a stellar addition to our White House team.”