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...Assume, then, that TMTG’s weighted average cost of capital falls from more than 20 per cent to 5-6 per cent, the S&P 500’s average WACC. Even then, we’re only at $51....
...Wall Street’s benchmark S&P 500 was 0.6 per cent higher in early trading, while the tech-heavy Nasdaq Composite gained 0.3 per cent....
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...Silac, which has $10bn in assets and is run by a longtime friend of Donald Trump, did not respond to requests for comment. The Bermuda Monetary Authority declined to comment....
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...To his credit, McConnell was also clear about Donald Trump’s role in the January 6 assault on Capitol Hill. He correctly described Trump as “a despicable human being”....
...In 2016, the S&P 500 gained about 6 per cent in the six weeks following Trump’s win. Over his entire term, the S&P 500 gained 57 per cent, compared with 48 per cent so far under Biden....
...Round two of the Republican primary season takes us to New Hampshire this week, and former president Donald Trump is once again the runaway favourite....
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...On the eve of Saturday’s primary vote in South Carolina, Haley was trailing Trump by about 30 points, according to 538’s compilation of polls....
...The US S&P 500 was little changed following the previous day’s losses....
...The S&P 500 is up more than a third since the start of 2021 and hit record highs this year. Unemployment is near record lows....
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...Harry S Truman famously branded Congress as “do nothing” in 1948. To be fair, the then Republicans were obstructing the Democrats’ agenda because they disagreed with it....
...Wall Street’s S&P 500, the tech-dominated Nasdaq Composite, Japan’s Nikkei 225, Germany’s Dax and France’s CAC 40, among other indices, have all hit their highest-ever levels in recent weeks, amid hopes...
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...To put this notion to the test, I ran screens (using S&P Capital IQ) of the S&P 500 big-cap and the S&P 600 small-cap indices....
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