Donald Trump

Another Trump Win: Apple Supplier Foxconn Says It Is In Discussions To Expand US Operations

There is over a month left until Trump's inauguration, and the President-elect's hard-hitting negotiating style may have scored yet another economic victory: according to a statement issued by Foxconn, the world's largest contract electronics manufacturer and a major Apple Inc supplier, the company said it was in preliminary discussions to expand its operations in the United States.

Frontrunning: December 7

  • Futures rise for third day in a row (Reuters); Banks Lead Stock Rally as Bonds Gain With Hopes Pinned on Draghi (BBG)
  • Monte dei Paschi bolsters European stocks, ECB looms (Reuters)
  • Finding Risk in All the Wrong Places as Trump Era Begins (BBG)
  • Goldman Tells Stock Pickers to Rejoice as Correlations Decline (BBG)
  • Trump’s ‘Wall’ at Mexico Border Vanishing as GOP Lawmakers Bolt (BBG)

Trump About To Preside Over New Global Financial Crisis: "Not His Fault, Merely His Misfortune"

"A new global financial panic will be one legacy of the Trump administration. It won’t be Trump’s fault, merely his misfortune... Since 2008, the largest banks in the world are larger in terms of gross assets, share of total deposits, and notional value of derivatives. Everything that was too-big-to-fail in 2008 is bigger and exponentially more dangerous today."

Colorado "Hamilton Electors" Sue To Block Trump, Void Vote Mandate

Just a day after a Texas Republican "faithless elector" explained why he will not cast his vote for Donald Trump, The Denver Post reports two Democratic Colorado electors are filing suit challenging a state law requiring them to vote for the winner of the state’s popular vote. Their hope is to set a precedent enabling Republican electors in other states to vote for a third-party candidate to keep Trump from receiving 270 electoral votes.

Is Trump Calling Out Xi Jinping?

Across Asia, every capital is waiting to see how Xi Jinping responds, for a matter of face would seem to be involved.

Trump Sold All His Stocks In June

Donald Trump sold all of his shares in companies in June, according to a Trump spokesman, a move that would have raised substantial cash ahead of the presidential election and could ease concerns about potential conflicts of interest.