Equity strategists at firms including JPMorgan Chase & Co., Morgan Stanley and Evercore ISI are advising clients that the worst of the recent downturn is likely behind them.

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One of the richest men in the world, Warren Buffett famously loves legal monopolies, businesses with moats so big as to prevent more than one company from competing in the market they dominate. It’s no surprise,

They thought his second term would be like the first, giving priority to economic growth and the stock market. Trump had other ideas.

NEW YORK : Wall Street rose sharply on Monday, as the White House indicated that President Donald Trump was contemplating imposing less drastic US tariffs next week than previously thought. Investor sentiment has been jolted in recent weeks by fears that the president’s hardball policies could deal a painful blow to the global economy.