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1.Market Observations, 8.Was Sticky

22 Mar 2017 (AFR) – Investor faith tested as Donald Trump’s tonic starts to wear thin

(22 March 2017, AFR, p33, by Karen Maley)

‘These are testing times for investors. Global sharemarkets surged following Donald Trump’s election as US President, but faith in the “reflation trade” is fraying, as investors realise he could be facing a lengthy battle in fulfilling his campaign pledge to reverse key parts of the Obama administration’s Affordable Care Act. Trump’s healthcare overhaul is facing intense opposition from hardline Republican conservatives, who argue that it…’

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