by Chris Becker
Reporting and analysing the demise of the Trump Presidency is not hard work, but it bears well in protecting your portfolio. While a handful of US stocks have benefited since the election, leaving most other markets in limbo, currency-land has been upended as the realisation of a stalemated Congress that cannot enact any meaningful stimulus.
Even the Fed knows this, sending the signal that inflation expectations are not going to be “great again”, as the inability of passing any bold infrastructure or even wasteful military spending builds as the weeks move on from one chaos to the next.