Hedge Fund Titan: Trump-Driven Wealth Effect Should Drive Stocks Even Higher Next Year

(CNBC) An activist hedge fund manager who’s had a strong 2016 predicted on CNBC on Wednesday that the stock market could go “materially higher” still, if the setup for a pro-economic growth Donald Trump presidency comes to pass. The prospects for tax cuts and reductions in business regulations has unleashed on Wall Street so-called “animal spirits…”

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