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Obama Era Treasury Secretary Slams Trumponomics, Warns It Could Unanchor Long-Term Inflation Expectations And Lead To 'Higher Wages And Prices'
Monday, September 23, 2024 - 11:02pm | 723Ahead of the 2024 presidential election, former Treasury Secretary Lawrence Summers has raised concerns about the economic policies proposed by Donald Trump, warning they could destabilize long-term inflation expectations. What Happened: Summers, a notable economist and former Treasury Secretary...
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Trump Policy Tailwinds Don't Favor Goldman Sachs
Tuesday, November 29, 2016 - 1:17pm | 519Nomura has downgraded Goldman Sachs Group Inc (NYSE: GS) to Neutral, as it believes Donald Trump tailwinds appear largely priced in to the shares following the recent rally. Financials Under A Trump White House Financial stocks are rallying post-election, with the Financial Select Sector SPDR Fund...