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Wall Street theory is you didn't need Trump to lift earnings

Analysts say corporate earnings, after an 18-month meltdown, are starting to climb robustly. This reflationary process was already under way before Trump.

NO THANKS TO TRUMP: The post election Trump rally followed the typical trajectory around close presidential elections, pricing out the uncertainty risk premium rather than pricing in policy changes or stimulus.

New York

THE 2017 stock market: a celebration of Donald Trump's presidential promises, or the byproduct of influences that predate his election? A cohort of Wall Street strategists is leaning towards the latter. Yes, stocks started gaining hours after his victory, and yes they've rarely...

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