Believing that a proven business man and billionaire living in the country that made him all that money is not going to have astute and accelerated and good business at the heart of his actions is foolish. The socioeconomic strata of society that voted him in grasp this. Eventually the rest of society will quit their sore loser antics and move forward for the better of this nation.
Key Takeaways:
- We are now seeing a so-called volatility squeeze in the benchmark S&P 500 Index. In September, we had a similar situation.
- Such squeezes tend to precede moves higher in the broader market. (A volatility squeeze occurs when the volatility of a stock falls below recent levels.) Indeed, the market delivered an explosive rally shortly after the volatility squeeze in September.
- It is always possible that Trump will break the record and manage to engineer the longest economic expansion in history, surpassing 120 months. It is also possible that his policies misfire — such as starting a trade war with China — cutting the present economic expansion short.
“On a different note, even though I expect 2017 to be an “up” year for stocks, I think it may turn out to be more volatile overall, with bigger swings up and down. Trump is hell-bent on making many rapid and abrupt changes, which are likely to rock share prices.”
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