Trump bump
What Happened to Trump’s Economic Agenda?
The Trump bump stock market rally is fizzling out. The market is asking what happened to Trump’s economic agenda as the new prez and House Speak Ryan promote their version of an Obama Care replacement. CNBC says that there will be a Trump tantrum looms on Wall Street if Trump’s first legislative push fails.
The Trump Trade could start looking more like a Trump Tantrum if the new U.S. administration’s health-care bill stalls in Congress, prompting worries on Wall Street about tax cuts and other measures aimed at promoting economic growth.
Investors are dialing back hopes that U.S. President Donald Trump will […]
Does Low Volatility Predict a Positive Market?
According to CNBC you have to go back to 1994 to find a similar situation in the stock market. The S&P has gone a hundred days without a 1% dip. Besides being something they haven’t done for more than 20 years this low volatility may well predict a positive market going forward.
Since 1950, the market has logged only 21 other instances when the index traded without a 1 percent down day for 70 or more consecutive trading days, Johnson wrote in a recent report. The longest streak was in 1963, when the S&P 500 saw 184 straight trading sessions without […]
What Is Happening to the Stock Market Rally?
The night of Trump´s election the stock market tanked and then revived as investors thought about lower taxes, offshore corporate cash repatriation and infrastructure-related economic stimulus measures. An already over-priced stock market headed up. But in the last two weeks the market has started to oscillate up and down with the Dow Jones Industrial Average falling 140 points at the ending of the session end half a percent below the previous day´s close. What is happening to the stock market rally? CBS Money Watch looks at hot stocks that are suddenly not.
Rising bond interest rates are sapping the popularity of […]