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U.S. Rally Is the Envy of Stock Markets Worldwide

Trump

In contrast to U.S. stocks, most major stock markets around the globe haven’t enjoyed the same postelection bump, and many remain far below their record levels

By
JULIE WERNAU
Updated Jan. 25, 2017 5:02 p.m. ET

Donald Trump never promised to make the rest of the world great again.

U.S. stock markets have rallied since the president’s victory more than two months ago, rising on improved economic data and hopes Mr. Trump can stimulate the economy with tax cuts and infrastructure spending while rolling back regulations.

But most major stock markets around the globe haven’t enjoyed the same postelection bump, and many remain far below their record levels.

https://www.wsj.com/articles/u-s-rally-is-the-envy-of-stock-markets-worldwide-1485378847

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Icahn warns of potential looming catastrophe

mother goose

Scott Wapner | @ScottWapnercnbc

Danger ahead—that’s the warning from Carl Icahn in a video coming Tuesday.

The activist says low rates caused bubbles in art, real estate and high-yield bonds—with potentially dramatic consequences.

“It’s like giving somebody medicine and this medicine is being given and given and given and we don’t know what’s going to happen – you don’t know how bad it’s going to be. We do know when we did it a few years ago it caused a catastrophe, it caused ’08. Where do you draw the line?”

https://www.cnbc.com/2015/09/27/-of-potential-looming-catastrophe.html