Stocks Slip, Bitcoin Nears $90,000 as 'Trump Trade' Whipsaws Markets
Global stocks came under pressure on Tuesday from investor concern about U.S. President-elect Donald Trump's policies, while bitcoin neared a record $90,000 as traders piled into assets they believe could benefit from the new administration.
Investors have been funnelling cash into assets they think will get a boost from Trump's second four-year term in office, in which he has vowed to raise tariffs on imports from key trading partners, as well as bring in tax cuts and looser regulations...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.