[Peace-discuss] Election Bonanza for Wall Street

[Szoke, Ron]

Election Bonanza for the 1%
WSJ  11.25.16
By Barbara Komlmeyer & Ryan Vlastelica
…
The uptrend in equities, which has been consistent since the presidential election earlier this month, appeared intact, with major indexes set for their third straight weekly advance. Trading volume was light, with many market participants out following the Thanksgiving holiday, for which U.S. markets were closed on Thursday. Despite that, the retail sector will be in focus as investors analyze the early reads on Black Friday, the start of the holiday shopping season.
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Investors have bet that President-elect Donald Trump’s economic proposals—including massive corporate tax cuts and financial and environmental deregulation—will spur higher levels of economic growth.
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