Donald Trump’s unexpected victory ignited an equally unexpected surge in the stock market. Since the date of the election, the S&P 500 Index rose nearly 2% over the next six trading days. That put it back to where it was in early September when most political pollsters thought Hillary Clinton… Read More

My grandmother had an expression: “The dogs bark, but the caravan moves on.” Her wise sentiment aptly describes the post-election debate about health services.Investors are fretting over President-elect Donald Trump’s stated intentions to eliminate Obamacare and slash spending on Medicare and Medicaid. Ignore the barking. Here’s what you need to… Read More

Wall Street’s lemmings keep getting it wrong about solar power. First, solar was dismissed as the pipe dream of tree-hugging hippies. Now, solar stocks are getting clobbered under the assumption that the new Trump administration will favor fossil fuels at the expense of clean energy.If you believe any of that… Read More

The universe is behaving strangely. First the Chicago Cubs won the World Series and then Donald Trump won the presidency. The karmic wheel also took an unexpected turn for billionaire Warren Buffett.Buffett’s preferred presidential candidate Hillary Clinton lost, a shock for the Oracle of Omaha who during the campaign made… Read More

Here’s the real lesson for investors about Donald Trump’s victory. Read More

The stock market’s reaction to Donald Trump’s upset victory has been calmer than expected. But while the broad indices haven’t freaked out, certain sectors of the market have seen big movements.We’ve talked about big moves among pharmaceutical and hospital stocks, as well as in the technology sector. Shares… Read More

With stocks rallying and the Obama-to-Trump transition going smoothly so far, the initial worries about a Trump election causing market turmoil haven’t materialized.Meanwhile, investors are making guesses about the impact Trump would have on various industries and stocks.As we mentioned yesterday, pharma and biotech stocks are rallying. But technology stocks… Read More

The voters have spoken.What does it mean for investors?First, the much-feared Trump Selloff didn’t last long. S&P 500 futures tanked as Trump’s victory unfolded – plunging as much as 5% in overnight trading — but then recouped the entire loss as bargain hunters swooped in – the largest 12-hour… Read More

Election Day, at last.From Key West to Nome to Honolulu, millions of Americans are heading to the polls today to exercise their right to vote in the world’s oldest democracy. It’s a stirring and encouraging ritual – a tonic for the wounds and bruises of a brutal campaign.Whatever the outcome,… Read More

To paraphrase Gerald Ford, our long national nightmare is almost over.Barring a recount or challenge, we’ll know our next president by early tomorrow morning. And not a moment too soon.It’s been a brutal campaign. The contrast between the candidates couldn’t be starker. Neither could the claims of catastrophic consequences should… Read More