Stocks don’t need the Trump bump anymore
|05/21/2017||Posted by BusinessMediaguide.Com under General World News||
Does the stock market even need the Trump trade anymore?
Merely posing such a question may strike some equity enthusiasts as blasphemy. After all, in the months right after the presidential election, the sectors seen as most closely tied to President Donald Trump’s proposed policies — most notably financials and industrials — soared.
But an interesting wrinkle has formed. Whenever one of the plentiful negative Trump headlines hits news wires, investors are mostly unshaken. A prime example came this past week, when Trump came under the most scrutiny yet, spurring the biggest drop in US stocks since months read more >>>