Wednesday, December 28, 2016

Heads I win, Tails you lose...

In a year when populist voters reshaped power and politics across Europe and the U.S., the world’s wealthiest people are ending 2016 with $237 billion more than they had at the start... 
U.S. billionaires -- including Buffett -- favored Trump’s rival Hillary Clinton. Still, they profited from his victory when they added $77 billion to their fortunes in the post-election rally fueled by expectations that regulations would ease and American industry would benefit. 
The New York real estate mogul is building a cabinet heavy on wealth and corporate connections, and light on government experience, a mix that hedge fund billionaire Ray Dalio said last week would unleash the "animal spirits" of capitalism and drive markets even higher. 

1 comment:

  1. Those animal spirits appear to be with Trump & Tillerson brokering an oil deal with Putin that would make him far and away the richest man ever to walk the planet, with the executive branch of our government at his beck and call.