Investors have been well-trained in complacency. They have spent the past few years watching markets shrug off momentous geopolitical events – each more quickly than the last. Brexit’s impact faded within days. Trump’s election faded within hours.
Stocks traded at all-time highs this summer and volatility made all-time lows. That is the set-up as we head into the fall...
Almost nobody seems nervous. In this age of central planning and highly artificial markets, it is hard to tell when this period of strange market serenity will end. But vigilant investors should have a few ideas. The next few months are going to challenge the status quo.
President Trump Is Under Siege
It has been clear from the beginning of his term that President Donald Trump has very few supporters in Washington DC. Democra
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