Less than a month after the "shocking" election of Donald Trump as US president, the world prepares for another day of political shockwaves, this time out of Europe, when on Sunday all eyes will be on Italy and, to a slightly lesser extent, Austria.
Or, as Bank of America puts it "Meanwhile in Europe..."
Following disappointing results from the initial recount efforts in Pennsylvania, CBS reports Jill Stein's Green Party is dropping its court case seeking a statewide recount of Pennsylvania’s Nov. 8 presidential election, blaming a lack of funds.
Having been on the fence about an upside case for the S&P for the greater part of 2016, Goldman's chief equity strategist David Kostin finally threw in the towel earlier this week when, as we reported, Goldman raised its S&P price target from 2,100 (as of year end 2016) to 2,400 for mid-year 2017 on what it calls "Trump Hope" (as apparently does everyone else, see "The World Has Changed" - Average S&P Target Before Trump: 2,087; After Trump: 2,425"), which it then sees dipping to 2,300 by year-end 2017 on "Trump Fear."
Submitted by Raoul Pal via LinkedIn.com,
Is the US Government Behind the Fake News Media Attacks on President-elect Trump?
Paul Craig Roberts
Eric Zuesse has brought to our attention that US intelligence officials have placed a story in Buzzfeed, “a Democratic party mouthpiece,” that the Russian government used fake news to get Donald Trump elected president. http://www.washingtonsblog.com/2016/12/63755.html
According to Buzzfeed: