"The market had a big psychological change in the middle of the night," said
At first, stock index futures "turned down hundreds of points when it became clear Trump had won. But when he gave his speech and made it clear he was very conciliatory, it started going up" -- stocks, bonds, and bets on future
The morning after, drug stocks, especially, rallied --
Consumer financial companies were up sharply, too, on hopes Trump will gut Obama-era consumer-protection rules.
Isn't this all very fragile -- reliant on Trump not returning to wild-man attack mode? "We have to wait and see," Bernstein said.
"Trump's a pro-business guy. I don't see how that's bad news for the
Uncertainty over Trump and
For urbanists such as the band of tech investors seeking to build software companies in
"The real work of building our country happens in cities and neighborhoods, not in D.C.," said
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