Thursday, March 1, 2018

Market-Centric Trump!

Per this morning's blog post, I'm thinking the pending tariff announcement could (depending on severity) be a negative event for the stock market. I suggested that the President is very market focused and would ultimately look to escape any measure that clearly hits stocks in a bad way.

Here's the latest headline:
"Trade chaos at the White House: Tariff announcement now unlikely Thursday as aides spar"

As that crossed my screen the Dow shot up 150 points. Not that the heightened volatility will nearly end on that news mind you! In fact, I'm certain it won't.

Let's hope that the aides who understand the importance of trade win the fight!

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