Did President-Elect Trump
Just Inadvertently Kill The Golden Goose?Gordon T Long*: "President-Elect Trump may have just unwittingly sowed the seed of an equity market draw-down which will send even more protesters into the streets of America. Donald Trump's stated economic policies are clearly pro-growth and if he manages to implement his pro-business, anti-regulation agenda, in the longer term they have the potential to surpass the bold and successful initiatives of Ronald Reagan. However, in the near term he has already unknowingly just shot himself in the foot .. With bond prices having removed $1 Trillion globally the expectations and pressures are now for the equity market correlation to more closely align with bond value .. Expect the correction of an over-valued US Equity market to be summarily and quickly blamed by the liberal media on the new Trump Administration before it has even taken office."
LINK HERE to the analysis