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There’s an Opportunity Brewing in These 2 Construction Stocks, Says UBS

The election is behind us, and we’re looking ahead. A new Trump Administration will take office in January, and a few things are starting to become clearer. On the economy, Trump has already expressed a preference for raising tariffs – especially on Chinese goods – while also reducing income taxes and promoting a deregulation regime. These policies will push in multiple directions, so it may take some time to see exactly where things will go. Most likely, neither the best nor worst cases will co

US sets methane fee on oil, gas emitters as Biden term winds down

U.S. President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump. The methane charge is among the last actions the outgoing administration has taken to tackle the second most prevalent greenhouse gas after carbon dioxide that tends to leak into the atmosphere undetected from drill sites, gas pipelines and other oil and gas equipment.

Chinese stocks, yuan fall as Trump's cabinet picks add to woes

(Bloomberg) -- Chinese stocks and the yuan slumped as fears of worsening Sino-American tensions further undermined investor confidence after a slew of disappointing economic developments. Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationThe Hang Seng China Enterprises Index tumbl

Citi Sees Post-Election Stock Rally Stalling on Profit Taking

(Bloomberg) -- The post-election rally in US stocks could run out of steam as investors start to take profits, according to strategists at Citigroup Inc.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationInvestors added to bullish bets last week, pushing exposure to the S&P 500 to