Investors smashed market records as President Trump promised a spending splurge on infrastructure, the military and tax cuts * Eurozone inflation rises to 2%, unemployment holds steady * Snap shares tipped to soar in New York market debut 11.24am GMT MOVING OVER TO GREECE NOW, WHERE THE MAIN OPPOSITION LEADER SAYS THE GOVERNMENT IS DELIBERATELY DRAWING OUT NEGOTIATIONS WITH CREDITORS AND PREPARING THE COUNTRY FOR A FOURTH BAILOUT. This government cannot get the country out of the impasse it is in. We will have additional measures that will reduce the tax-free threshold and reduce pensions. Mr Tsipras is encumbering citizens with the bill. He is not moving ahead with reforms. He can’t create jobs or attract investments. In essence he is bringing a fourth bailout through the backdoor. The [second bailout] review should have been concluded a year ago. The government is consciously delaying [it] for reasons of domestic consumption. There is a big danger that entry into the [ECB’s] quantitative easing [programme] will be missed. 11.13am GMT President Trump is awake and tweeting about his impact on markets: Since November 8th, Election Day, the Stock Market has posted $3.2 trillion in GAINS and consumer confidence is at a 15 year high. Jobs! Continue reading...
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