Mueller’s investigation to derail Trump’s agenda

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by Chris Becker

The most important part of deciphering the circus that is the Trump Administration is not the schadenfreude and daily pointing of fingers and insane tweets (or leaked phone calls), but rather discerning the market and macro risk that it entails. American stock markets have enjoyed lower levels of volatility and make new highs, helped by a USD that has plummeted in line with the global reputation of the US as a leader.

However, keep in mind that most of the advance in US stocks can be put down to financial stocks, as the Swamp has been backfilled with an advanced guard of Wall Street managers and lobbyists, all ready to enact sweeping tax cuts and deregulation for their sector. The S&P 500 financial index this week touched its December 2007 high.

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