presidential election

Trump won the 2016 presidential election, in large part, due to the support of the working class population in the Midwest that has suffered for decades as manufacturing wages have stagnated and jobs have been transplanted to lower cost regions like Mexico and China.  On election night, Trump vowed to change the fate of the American middle class by pledging that "the forgotten men and women of our country will be forgotten no longer."

Submitted by Louis Rouanet via The Mises Institute,

It seems fashionable nowadays to compare Donald Trump to Marine Le Pen or the Trump movement to the French National Front. The idea behind this comparison is to suggest that the French far right might very well win the coming presidential elections in May 2017 and create a French “Trump surprise.” But, as when it came to comparisons between Brexit and Trump, comparisons between Trump and Le Pen tend to be hyped.

Israel is looking forward to the election of Donald Trump as the next president of the United States as it may allow resumption of illegal settlement building in East Jerusalem. Donald Trump’s victory in the US presidential election may spark a building boom in East Jerusalem as Israeli authorities consider starting a wave of illegal settlement construction that was frozen under President Obama.

The shadow cold war between the US and Russia may finally be over.

One week ago, Vladimir Putin explicitly called Donald Trump - something he hasn't done to a standing US president in years - in which the Russian leader congratulated the president-elect on his victory in the presidential election, wished him "success in the implementation of the pre-election program, and noted his willingness to build a partnership dialogue with the new administration on the principles of equality, mutual respect and non-interference in the internal affairs of each other."

• Dollar dips, stocks fall as Trumpflation trade pauses (Reuters)
• A profile of RenTec's Medallion fund: Inside a Moneymaking Machine Like No Other (BBG)
• Mattis, Christie, Giuliani in contention for top posts (Reuters)
• Paulson’s Big Long: A Bet on Trump Yields Power and Profit (BBG)
• Ex-PM Fillon is favorite to win French conservative presidential ticket (Reuters)
• In weekend of deliberation, Mattis favored for Trump Pentagon chief (Reuters)
• Citigroup Leads U.S. Banks Higher in Global Systemic Risk List (BBG)