Huh! Some Nervous Nellies think the US stock market is rallying hard on thin air. Nonsense. What’s not to like about a big Fed Ease, a strong economy, and empowered companies! Nothing to worry about in terms of inflation or trade – ignore the doomsters trying to undermine confidence in the President and America. Buy, buy, and buy…
The Market Commentariat feared the worst when Trump took office. Liberation Day confirmed their worst fears – global market and economic meltdown on trade mayhem seemed inevitable. But Trump has played a blinder of a trade game. He has surprised to the upside. Will it last?
The narrative in US markets grows more improbable every day. Did Trump not threaten to sack Powell last week? And aren’t massive tariffs on China a guarantee of US victory? Apparently, that was just a dream sequence, and Bobby Ewing is about to step out the shower. Confused? You will be. Welcome to Trump – The Soap.
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