Profile image
Story Views

Last Hour:
Last 24 Hours:

Trump Secures Biggest Ally Yet In Mission To Close Better Trade Deals & Could Push U.S. Economy and Stock Markets to New Records

Monday, November 21, 2016 11:02
% of readers think this story is Fact. Add your two cents.

Via Billy

 Republican presidential nominee Donald Trump walks off his plane at a campaign rally in Colorado Springs, Colorado. REUTERS/Mike Segar

President-elect Donald Trump made closing better trade deals a highlight of his candidacy, and he might have just won his biggest ally yet in that arena.

House Ways and Means Committee Chairman Kevin Brady, a crusader for free-trade agreements, said he’s ready to work with the incoming administration on its plans to assure America is getting the most economically profitable deals as possible. During the campaign, Trump’s proposals set off alarm bells for many Republicans, who believed his approach could be detrimental to the economy.

Nevertheless, Brady said the GOP is putting together an ambitious agenda to put pro-growth policies in place in 2017 — including strides to make sure American goods are successfully bought and sold abroad.

Deutsche Bank: Trump Could Push the U.S. Economy and Stock Markets to New Records

It’s looking more likely that President-elect Donald Trump will preside over a continuing U.S. expansion that could take its place as the longest among American business cycles, according to Deutsche Bank AG. And Chief U.S. Equity Strategist David Bianco predicts that by the time the real estate mogul takes office in January, the S&P 500 Index will eclipse 2,250.

Investors are under-appreciating the “much higher chance now of a long lasting economic expansion that rivals the 10 year U.S. record,” the strategist writes “We’re more confident now that the S&P will reach 2,500 in 2018 before suffering its next bear market.”

More @ Bloomberg


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.