Nov
30

Wall Street Strategists Are Taking a Very Different Tone After Trump’s Win

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Prior to Nov. 8, analysts were issuing dire warnings about what could befall markets across the globe should Donald Trump pull off a surprise upset in the U.S. presidential election.

“A Trump victory could lower global GDP growth by around 0.7-0.8 percentage points, according to our estimates, pushing GDP growth easily below our benchmark for a global recession,” Citigroup Inc. Chief Economist Willem Buiter cautioned in August, using criteria of 2 percent global growth at market exchange rates to measure a contraction…

Wall Street Strategists Are Taking a Very Different Tone After Trump’s Win

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