How long will the Trump Trade go?

[Charles West]

Today, stock market went down big. Any gains from the Trump trade all gone. Hope it's not a harbinger for next year.

It is Trump's lousy policy, for sure.

 

[Fernando]

It is Trump's lousy policy, for sure.

For sure. Market not happy with Trump's future agenda.

 

[Charles West]

Today's drop is healthy; stay tuned for a big rebound once the Fed news is digested.

 

[Bobby Bucks]

I shorted ANSI today, crossing my fingers and knocking on wood.

 

[Charles West]

For sure. Market not happy with Trump's future agenda.

I was getting ahead of your incorrect analysis. The truth is the market is expressing its 'no confidence' vote in the Fed. It's no big deal. The trend hasn't changed, and the trend is your friend.

 

[Fernando]

I was getting ahead of your incorrect analysis. The truth is the market is expressing its 'no confidence' vote in the Fed. It's no big deal. The trend hasn't changed, and the trend is your friend.

Then Trump shouldn't take any credit if stocks go up because of the FED.
Best to leave FED independent and not stick his nose/influence the FED.

 

[Charles West]

Then Trump shouldn't take any credit if stocks go up because of the FED.
Best to leave FED independent and not stick his nose/influence the FED.

Policy isn't the same as price stability, one of the Feds mandates, as you should know. So far, Merrick and Yellen don't seem to understand what they are doing, so don't be surprised if both get browbeaten.