Trump Victory Might Not Be Market Atom Bomb Analysts Expected
With yesterday's Trump victory, the political atomic bomb has exploded. “Polls, political prognosticators, and investors all underestimated the magnitude of dissatisfaction of the US electorate,” a Goldman Sachs report noted, stating the obvious in the wake of the election of Donald Trump. In fact, just like the Brexit vote – when establishment analysis missed the underlying anger at a status quo – the Trump anger generally surprised media pundits . . .
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