Feb
06

Goldman Sachs Says Trump Rally Has Been Curbed

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  • Cooling sentiment visible in surveys, fund flows, price action
  • Recommends clients stay long U.S. break-even inflation

Trump-fueled enthusiasm is running out.

Hopes for a pro-growth suite of fiscal policies under President Donald Trump buoyed financial markets after Nov. 8, sparking a rise in measures of consumer and business confidence that sent the gap between these “soft” data and measures of real economic activity to its widest level in six years

Goldman Sachs Says Trump Rally Has Been Curbed

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