Donald Trump’s surprise upset of Hillary Clinton had markets around the world reeling and then surging on Wednesday. Thursday looked to be more of the same as stocks continued to climb, with the Dow Jones setting a record high. And while investors are happy as they embrace Trump’s policies, should consumers be celebrating or worried as those same policies may bring rampant inflation?
Read The Capitalist’s Take Here
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DISNEY TO CONSIDER CHANGES; MAY SPIN OFF ESPN
Content distribution giant Disney is being held back from its full potential by ESPN and may consider spinning off the sports broadcast network, Liberty Media Chairman John Malone told CNBC on Thursday. “If I had to guess, what you will see is a split of Disney with ESPN spun off and, probably, ESPN could be owned and protected by a distributor in the U.S.,” Malone said..
Read More at CNBC Here
Read More at The Street Here
Read More at Investor’s Business Daily Here
DOW JONES SETS RECORD HIGH AS INVESTORS REPOSITION FOR TRUMP PRESIDENCY
The Dow Jones Industrial Average rallied to a record close on Thursday as investors continued to revise their strategies and reposition portfolios in response to Donald Trump’s unexpected presidential election victory..
Read More at Market Watch Here
Read More at USA Today Here
Read More at Bloomberg Here
– Thursday, November 10th
Dow Sets Record High, Nasdaq Slips as Markets React to Trump
Big Insider Trades
– Sterling Bancorp. (STL) Director James Deutsch Sells $3.8m
– Healthcare Realty Trust, Inc. (HR) CEO David Emery Buys $2m