Japan Today
business

Asian stocks dip as Wall Street momentum slows

3 Comments
By ZIMO ZHONG

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

©2024 GPlusMedia Inc.


3 Comments
Login to comment

Stocks had been broadly rising since last week on expectations that Trump’s preference for lower tax rates and other policies may mean faster economic growth, as well as bigger U.S. government debt and higher inflation.

The second part doesn’t seem to actually be the case.

Gold has dropped by call it 200 USD since the election. Some might say it was a buy the rumour, sell the fact reaction. Maybe. But it may be that there are hopes that the incoming administration will reduce government spending, and fix the debt issue.

It’s early days and optimism will likely be betrayed.

But these media articles seem to be way off the mark where things Trump are concerned. Most readers just want the news, not the bias, I believe. At least we can have comments I guess!

-4 ( +1 / -5 )

Downvoters must want the bias over facts.

-1 ( +1 / -2 )

too true!

gold down further again last I looked…

-1 ( +0 / -1 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites