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Economy
Wall Street sees Trump rally coming to an end
2017-02-26
[The Hill] Wall Street analysts are pumping the brakes on the Trump stock market rally.
Analysts start and stop market rallies? Who knew?
Experts are adjusting their expectations of how long it will take for President Trump to follow through on campaign promises to unlock domestic investment and cut back on regulatory red tape.

Stocks have rallied since Trump's election, with the Dow Jones Industrial Index reaching unprecedented heights and billions poured into funds that track U.S. stocks.

But financial analysts and other stock traders say a lack of clarity from the administration on economic policies -- along with constant distractions in the White House -- are delaying key measures to boost the economy.

Analysts? Experts? Trackers? Which 'analysts and experts?' Those employed by 'The Hill?' All market rallies peak and slumber over the short-term.
Posted by:Besoeker

#6  So they think what's about to happen will be the tail end of the 'greater fool' principle.
(You were a fool to buy it; you need to find a bigger fool to get rid of it.)
Posted by: ed in texas   2017-02-26 18:49  

#5  There's a very basic principle at work:

If the stock market goes vertical like an F-16 on afterburner, that's despite Trump. Don't let the fact that the start of the climb coincided precisely with Trump's election fool you.

If the stock market corrects by 10 or 20%, that's because of Trump.

It's only logical. Got it? Just read CNBC some more.
Posted by: Matt   2017-02-26 11:31  

#4  Friday the street had yet another record high, right.
Posted by: chris   2017-02-26 09:34  

#3  If the MSM told me the pope was Catholic, I'd get a 2nd and 3rd opinion.
Posted by: JohnQC   2017-02-26 09:14  

#2  Analysts start and stop market rallies? Who knew?

It's like the news media. They also like to think they are king makers.
Posted by: JohnQC   2017-02-26 08:54  

#1  along with constant distractions in the White House

You mean responding to DEM losers? Yes, I agree, they should be ignored. The public trial ended in Nov2016. It should not be an ongoing exercise.
Posted by: Skidmark   2017-02-26 07:08  

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