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24.01.26 - 15:12
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Wall Street Grapples With New Risk: A European Buyers′ Strike (Bloomberg)
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US Commerce Secretary Howard Lutnick told the elites gathered in Davos that the Trump administration believes globalization is “a failed policy” that left America behind. A day later, his boss, President Donald Trump, predicted the US stock market would double from records he openly took credit for....
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24.01.26 - 12:42
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Wall Street landlords have met a surprising opponent in Trump. So why is Starmer courting them? | Adam Almeida (The Guardian)
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To win votes, Trump can afford to face up to corporate power – to deliver his promised 1.5m homes, Starmer can'tIn an incredibly polarised society, there are fewer and fewer things that seem to unite both sides of the aisle in the US political system. Yet it turns out that an objection to Wall Street's grand heist of single-family homes has done just that.We might expect Alexandria Ocasio-Cortez and Elizabeth Warren to rail against the incursion of institutional investors into residential real estate markets, causing rent prices to jump and effectively locking millions of households out of home ownership. However, I admit I was surprised to see JD Vance and Marjorie Taylor Greene striking a similar note. But I was completely dumbfounded to see the real estate tycoon and Wall Street darling Donald Trump sing from the same hymn sheet.Adam Almeida is a writer and researcher living in London Continue reading......
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