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Author: David Ashworth
With Trump's perceived warmth toward Russian President Vladimir Putin, the possibility of Russian economic sanctions being removed has emerged.
In his November 2016 Insights newsletter, Richard Bernstein talked about the growing opportunity cost of investing in equities (SPHD) (VIG).
A statement signed by 370 economists on Donald Trump's proposed economic policies said that he is “a dangerous, destructive choice for the country."
The expected occurred on November 2, 2016, when the FOMC (Federal Open Market Committee) left the federal funds rate unchanged at 0.25%–0.5%.
The US stock market (ITOT), as represented by the S&P 500 (SPY), fell in October. This fall marked the third successive monthly decline for US equities.
US economic growth surprised on the upside for 3Q16. Real GDP (gross domestic product) growth came in at 2.9% in the quarter.