06272017What's Hot:

Mid-Year Market Gut Check

There is a rising tide of sentiment that the fixed-income, commodity and equity markets are at a major inflection point.

Investors are caught up in a whirlwind of cross-currents in the market. It pits political good versus evil, right versus wrong and fear versus confidence and complacency.

As Edward Luce of the Financial Times (Wall Street Turns a Blind Eye to Trumpian Risks — June 7, 2017) wrote, “Washington and Wall Street cannot both be right. On the one hand, the future of the liberal international order hangs in the balance. Donald Trump is a loose cannon with record low approval at this stage for any presidency. Washington and the world are in a state of fear. On the other, Wall Street sees only blue skies ahead. U.S. stock indices keep breaking record highs.”

To read the rest of this article, please click here.

Source: Human Events

comments powered by HyperComments

More on the topic