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More on Today’s Markets:
Intervention in the economy by President Donald Trump could benefit currently cheap midcap stocks, according to BofA Securities. Trump is likely to intervene to arrest the drop in his approval rating, according to strategist Michael Hartnett.
“Well, that’s got to go through a process, and we’ll see what happens,” Trump said when asked about the deal ahead of the Kennedy Center Honors, Bloomberg reported.
“Foreign-controlled companies are increasingly involved in key segments, potentially creating national security risks and driving up the cost of food for American families—issues the Task Forces are specifically directed to investigate,” the White House said.
This model provides three potential valuation scenarios: a base case of $2.5 trillion, a bear case of $1.7 trillion, and a bull case reaching $3.1 trillion. The projections illustrate variations stemming from strategic initiatives, such as the development and deployment of satellites and an eventual focus on Mars colonization.
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