11.11.2016 - Trump’s Revamp of America to Boost Commodities From Metals to Gas
Donald Trump’s promise to revive American infrastructure means commodities used to build everything from airports to bridges will benefit under his presidency, according to Goldman Sachs Group Inc. Spending by the Republican, who is set to enter the White House after defeating Hillary Clinton, will support construction activity and boost steel, iron ore, nickel, zinc and diesel, analysts including Damien Courvalin and Jeffrey Currie said in a Nov. 9 report. Trump’s proposal to roll back emissions-reduction targets could lift demand for natural gas as less uncertainty over policy boosts investment in an already competitive source for power and petrochemical production, according to the bank.........................................Full Article: Source
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