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1.Market Observations, 8.Was Sticky

1 Feb 2017 (AFR) – If January is any guide, shares are in for a tough year

(1 February 2017, AFR, p26,

It got off to a great start, and for a time it all looked so promising. But in the end the month of January wasn’t a good one for investors in the sharemarket.  <snipped…>

‘But after the initial hype it seems there’s one major reason to worry that Wall Street’s rally may not be sustained, and ironically it’s the same reason stocks rallied in the first place – President Donald Trump. Sacking the acting attorney general, Sally Yates, who refused to enforce the legal order of Trump’s moves to block refugees and temporarily ban entry into the US for citizens from some majority-Muslim nations, has made some investors nervous about just what else he will do.’

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

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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.

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