Trump is still campaining, even after winning. Someone should tell him to face forward...
Trump drama and China capital flow crackdown generate market hiccup
There was significant volatility in several markets in the lead up to and during the Trump news conference on Wednesday. This may reflect two aspects: 1. allegations of potentially illegal and immoral actions made against the Trump election campaign team. 2. The lack of discussion on growth related policies by Trump in the press conference; instead he implied priorities are repealing and replacing Obamacare and building a wall on the Mexican border. Both may be substantial distractions for Congress and delay progress on more growth-supportive policies such as corporate tax reform and infrastructure spending. The market may also have ... (full story)
- Posted: Jan 11, 2017 11:20pm
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 1,217