Wall Street, Running the Boards Again
Yesterday we saw Wall Street come to the conclusion that Trump policies will allow it run the boards again. So forget about the people that voted for Trump, if this takes off like Wall Street expects, the Trump voters will wish the OLD INEQUALITY would come back. The people who dissed Trump have figured out how to use him.
So watch closely as the markets do the test of the highs, the pile on is in effect. Just don’t forget that profits and consumer buying power are part of the bigger picture. Oh, and I almost forgot, we have been living in an artificial economy that does not know how to live with interest rates above zero.