The Wall Street Journal reports that that investors are giving up their early view that Trump & Co would pull off American economic growth and profit for them….It’s early…..But things don’t look good….
As with Trump’s Real Estate ventures?
Things don’t stay rosy for long under his watch….
Markets are flashing red on growth as investors begin to return to pre-election bets on the “new normal”—a persistently weak economic expansion.
But there are signs that the sugar rush of Donald Trump’s victory and global-growth hopes has faded, raising doubts among some investors about whether stocks can stay high.
Technology stocks’ return to favor also suggests investors are looking for companies able to deliver growth even if the economy is weak.
“The new normal’s still with us,”…