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The Election and the Markets: If Hillary Clinton Wins… Part I
Politics have no place in financial letters.
It really doesn't matter what I think of either candidate, and I’m not about to ruin our relationship by trampling on your politics.
What I do want to do is share some information that may be beneficial to your investing decisions whoever wins the White House.
This week, let’s begin with Hillary Clinton.
A $175 Million Legend Rises Again
The first time something like this happened was 1983.
Two trading legends, Richard Dennis and William Eckhart were arguing over whether traders were born or were they made.
Dennis, who had turned his initial stake of $5,000 into over $100 million believed...
OPEC: Why a Continued Oil Rally isn’t in the Cards
For the first time in eight years, OPEC agreed to cut oil output by November 2016.
Under the terms of the deal, OPEC said they would cut between 200,000 and 700,000 barrels a day from their current production of 33.2 million barrels.
In fact, it was the Saudis that threw up the white flag, softening its stance on output, as its own economy suffered under the weight of plummeting oil prices.
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