
Trump's "big gift" may be overestimated, and the rebound of the U.S. stock market has already decoupled from the fundamentals?

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American economist David Rosenberg pointed out that the rebound of the U.S. stock market after Trump's victory is disconnected from the fundamentals, especially the neglect of the "zombie company" phenomenon. The report shows that about 2,000 listed companies in the U.S. are "zombie companies," an increase of 30% compared to ten years ago. Rosenberg warned that the current market optimism may be unrealistic, as the Republican Party's slim majority in the House of Representatives makes hopes for tax cuts and deregulation bleak. Other analysts also believe that the stock market bubble may lead investors to face dismal returns
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