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.

Read the Full Article: Source – Bloomberg
Time For Truth: (Bloomberg) – Goldman Says Trump's Presidency Will Benefit Stocks in Almost Every Sector

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Short-term gain for long-term pain?

That’s the view of economists at Goldman Sachs Group Inc., who argue that while some of President-elect Donald Trump’s proposals could boost U.S. economic growth in the near future, his other policies would offset those positive impacts over the long-run.

Read the Full Article: Source – Bloomberg
Time For Truth: (Bloomberg) – Goldman Sees the Possibility of Stagflation Under Trump Presidency

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Major banks have formally told clients to expect volatile currency markets in the aftermath of Tuesday’s U.S. presidential election, with the gap between buying and selling prices that determines the cost of trading expected to widen sharply if Donald Trump were to win.

The warnings issued by the electronic trading platforms run by the market’s largest player Citi and rivals Barclays and Goldman Sachs, seen by clients of the banks, have over the past two years become standard ‘red flags’ ahead of big political and economic set-pieces.

Read the Full Article: Source – Daily Mail
Time For Truth: (Daily Mail) – Banks warn clients to brace for FX volatility after U.S. vote

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Ecuador’s government acknowledged on Tuesday that it cut off WikiLeaks founder Julian Assange’s internet access at its embassy in London after the whistleblowing site published a trove of damaging emails from Hillary Clinton’s presidential campaign.

The foreign ministry said that while it stands by its 2012 decision to grant Assange asylum based on legitimate concerns he faces political persecution, it respects other nations’ sovereignty and doesn’t interfere or support any candidate in foreign elections.

Read the Full Article: Source – Associated Press
Time For Truth: (Associated Press) – Ecuador: We have 'temporarily restricted' Assange's internet

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Hillary Clinton was “playing to the paying crowd” in her private Wall Street speeches. Some people are looking at this as a “yawn.” There’s no “smoking gun” here.

These are just a few versions of the “nothing to see here” rallying cry that’s permeated corporate media over the last week in regards to the thousands of emails WikiLeaks obtained from the account of Clinton campaign chairman John Podesta.

Read the Full Article: Source – Mediaite
Time For Truth: (Mediaite) – WikiLeaks Exposes a Corporate Media as Out-Of-Touch As Politicians

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