Analysts and investors got ahead of themselves when translating a drilling boom to oil-field-services companies’ profits, but the bonanza is merely delayed, with executives are sounding more bullish, especially when it comes to red-hot U.S. shale plays.
The stock market has been banking on President Donald Trump and the Republican-led Congress delivering on tax overhaul and deregulation. What happens if trouble at the White House sends those hopes crashing?
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