Saturday December 10, 2016 - 12:22:04 GMT
Share This Story
Global-View.com - www.global-view.com
Does the Trump Stock Market Rally Need a Reality Check?
With US stock markets setting new record highs almost daily in the post-election rally, perhaps it is time to consider how much has been discounted and whether expectations are realistic. The following post from the GVI Forex Forum provides a perspective that may be a reality check
Brisbane Flip 17:04 GMT 12/09/2016
Financial markets have never had it so good as they have in the past eight years but now they are believing their own BS. I think there are real possibilities like bringing offshore profits back with lower tax rates but there is going to be some real compromises and paring back in expectations due to actual budget bottom line consequences. Paul Ryan understand this I believe. Trump is going to find out that if promising lower tax, higher government spending, less regulation but safer regulation, less Chinese imports while keeping inflation and rates near zero, more US trade but not penalising US companies who make gillizaillions manufacturing globally, ramping up defence at the same time as not having as big a global presence.....it goes on but you get the idea. The guy is a populist but governement is about those pesky details It's going to get harder in government. Look at his apointees...they are the same insiders he promised to avoid.
Bottom line...making laws is painful and complicated. Trump is a salesman. Paul Ryan will come up with the policies negotiate their passage and Trump will call them his own. I just don't think it will be much different to what we have.
Click to Register for the Forex Forum
Forex Trading News
Daily Forex Market News
Forex news reports can be found on the forex research
headlines page below. Here you will find real-time forex market news reports
provided by respected contributors of currency trading information. Daily forex
market news, weekly forex research and monthly forex news features can be found
Real-time forex market news reports and features providing
other currency trading information can be accessed by clicking on any of the
headlines below. At the top of the forex blog page you will find the latest
forex trading information. Scroll down the page if you are looking for less
recent currency trading information. Scroll to the bottom of fx blog headlines
and click on the link for past reports on forex. Currency world news reports
from previous years can be found on the left sidebar under "FX Archives."