By Chris Becker
Volatility continues across risk markets, this time shifting from the North Korean tensions to the Trump tensions, namely the realisation that the Republican Congress ability to enact any meaningful legislation is evaporating. This has taken the floor out under US stocks, and the USD as a result as the key driver of bull markets – confidence – is losing faith in the Con-in-Chief.
As usual for Monday mornings, I’ll take a step back and look at markets with a longer term view as my “Trading Week”.