What the Markets Are Really Telling Us About a Trump Presidency
The stock market has risen, with investors seemingly betting that Donald Trump will stick to proposals that would benefit corporate profits, and abandon others that wouldn’t.
The stock market has risen, with investors seemingly betting that Donald Trump will stick to proposals that would benefit corporate profits, and abandon others that wouldn’t.
“Maybe we’ll talk about shipping water by rail at the next Railway Age gathering in 2017,” is what several delegates said at the Energy by Rail conference in Arlington, Virginia in October.
Defying expectations, the stock market rebounded as investors cheered the changes a Donald Trump administration was likely to bring.
(Thu, 10 Nov 2016) U.S. coal production dropped by more than 10% in 2015 to 897 million short tons (MMst), the lowest production level since 1986. Production in all three major coal-producing regions (the Appalachian, the Interior, and the Western) declined, as consumption of coal for electric power generation, industrial, and other uses fell by 13% to 798 MMst in 2015.
Coming to grips with a Trump presidency, the mayor and governor cited infrastructure as a possible area of collaboration with Mr. Trump.
Both presidential candidates supported improvements, and at least 33 local or state ballot measures on public transportation appear to have passed.
Voters in Monterey County passed a ballot initiative Tuesday to ban fracking in the county, and the state of Washington rejected a carbon tax proposal.
Donald Trump appears likely to enact a fun-house mirror version of something many liberal economists have advocated for years.
Before November 8, 2016, markets were concerned that a victory for Republican Donald Trump would result in major changes in US trade and economic policy. Today, with Trump now heading for the White House, those markets have reacted.
(Wed, 09 Nov 2016) Total investment in oil and natural gas extraction in Norway was 21% lower in the first half of 2016 compared with the first half of 2015, a decline of about 20.9 billion Norwegian kroner (US $3.5 billion). However, investment cuts have affected some segments of the industry more than others.