Wall Street sees Trump rally coming to an end
[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 2017-02-26 |