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 – BloombergRead More
Time For Truth: (Bloomberg) – Goldman Says Trump's Presidency Will Benefit Stocks in Almost Every Sector
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?
Read the Full Article: Source – Zero HedgeRead More
Time For Truth: (Zero Hedge) – Time Urges 65 Million Americans Who Voted For Hillary Not To Pay Taxes
US President Barack Obama has said he may speak out after leaving office if he feels his successor Donald Trump is threatening core American values.
By convention, former presidents tend to leave the political fray and avoid commenting on their successors.
Mr Obama said he would give Mr Trump time to outline his vision but added that, as a private citizen, he might speak out on certain issues.
Read the Full Article: Source – BBC NewsRead More
Time For Truth: (BBC News) – Trump presidency: Obama says he may comment as citizen
Americans trying to unpick the phenomenon of Donald Trump have turned to a late left-leaning academic, who predicted that old industrialized democracies were heading into a Weimar-like period in which populist movements could overturn constitutional governments.
In 1998, the late Stanford philosopher Richard Rorty published a small volume, Achieving Our Country: Leftist Thought in Twentieth-Century America, that described a fracturing of the leftwing coalition that rendered the movement so dispirited and cynical that it invited its own collapse.
Read the Full Article: Source – The GuardianRead More
Time For Truth: (The Guardian) – 'Something will crack': supposed prophecy of Donald Trump goes viral
With Donald Trump’s presidency now only a matter of time instead of a hypothetical, border agents are bracing for a surge in illegal immigration at the southwest border as people race to get into the United States before the door shuts.
At the same time, according to the head of the union representing 16,5000 U.S. Customs and Border Protection agents, career-level managers of the agency are likely to push back against the directives of outgoing political appointees of President Obama.