Jamie Dimon has been the talk of the town as reports on Thursday showed that he is likely to be Secretary of the Treasury in the administration of the recently-elected Republican Donald Trump. But even after the 2016 US Presidential election concludes, the CEO of JPMorgan as well as his peers from Wall Street already sees a huge development in the stock market.
Just recently, Samsung has announced its plan to purchase the US based Harman International Industries, Inc. through an all-cash deal worth $8 billion.
After the victory of the Republican Donald Trump last week, the Vice Chairman of the Federal Reserve Stanley Fischer reiterated on Friday his request for the actual implementation of Trump’s promise during campaign that he will provide an additional fiscal policy stimulus to the US economy.
While the people of America has decided to place the Republican Donald Trump in the White House and therefore beating his Democratic opponent Hillary Clinton, the result of the 2016 US Presidential Election is expected to have direct impacts on businesses that have been the foundation towards the growth and development of the economy of the United States.
After the US Election and after Trump has won, the market especially the sector has been in total swirl and twirl as it rotates regularly.
On the morning of Wednesday morning, after Republican’s bet Donald Trump won his way to the White House, stocks made a huge comeback rally following the near-800-point plunge late Tuesday night in pre-market futures trading for a possibility of a Trump victory.
Cancer research Father, Umberto Veronesi dies at 90.
After Trump’s victory in the 2016 US Presidential race, these five sectors are most likely to benefit in all aspects.
As of midday Wednesday, after the victory of Donald Trump in the US Presidential Elections, the shares of companies under the Utilities sector has underperformed other sectors.
Avian Influenza is now again taking toll to the worldwide poultry industry. This time, EU wants to be more than prepared and protected.
Kuwait is very keen on developing its Communications And IT Sectors.
Despite that it is election day for America, FED urges fiscal investments.
Liberty media has just raised its investment to a shining $13M.
Last week’s headlines must be a frustration among the 11 S&P 500 sector exchange-traded funds as there are continuous downgrades here and there. Here are some of the results from this week’s scorecards to have a glimpse of what to watch out for.
Even with some major setbacks, stocks looks promising in 2016. The S&P 500 has increased 5% year to date and the MSCI World Index has further added nearly 2%, as of October 24, 2016. Numerous important data points with U.S. labor, manufacturing and housing markets, are displaying marks a global economy that is rising, although sluggishly.