You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

21 Nov 2016 (AFR) – Can the Donald Trump-inspired early ‘Santa rally’ last?

(21 November 2016, AFR, p28, by Karen Maley)

‘Donald Trump has to wait until January to be inaugurated as the 45th President of the United States, but investors have clearly decided to celebrate his surprise electoral victory by bringing forward the “Santa rally” – the traditional year-end surge in share markets. The festive mood has been bolstered by hopes that Trump’s promises to slash taxes, ramp up military and infrastructure spending will bolster domestic demand, which will translate into stronger corporate profits.  Swept up in this post-election euphoria, investors have rushed to pour more than $US40 billion ($55 billion) into US equity funds.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: