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Politics : Formerly About Advanced Micro Devices

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To: Mongo2116 who wrote (981422)	11/13/2016 5:33:53 PM
From: puborectalis	Read Replies (2) of 1575796

while candidate Trump has been pro-coal and pro-energy, he has made it a point of railing against US trade deals with East Asia, particularly China. Oil and gas are confident that a Trump presidency will aid them in the long-term, but financial markets overall are unsure, with some worrying that Trump’s attacks on international trade could lead to global economic instability, declining demand and even a global recession. For oil, it could mean greater pressure on prices, making OPEC’s job of stabilizing production much harder. Some industry analysts are skeptical that Trump can make good on his promises. Even coal advocates have some doubts over whether rhetoric can translate into gains for their industry. With so much about Trump uncertain, from his actual positions on issues to his preparedness to deliver on his campaign promises, many will simply have to wait and see.

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