Wednesday, January 24, 2018

“America First” Resonating With US Companies But Not With Davos Attendees


One Option Trading Blog http://ift.tt/2DIct7D Posted 9:30 AM ET - Earnings season is starting to crank up and profits have been excellent. Guidance is robust and corporate tax cuts are prompting domestic expansion. The market continues to grind higher and mega cap tech stocks have yet to report. Flash PMI's were good this morning. Global economic growth is strong. President Trump will speak at a conference in Davos. Most analysts believe the rhetoric will focus on fair trade practices. His commitment to "America first" will not be popular with world leaders. Global interest rates are creeping higher and central banks are hawkish. The FOMC will meet …

No comments:

Post a Comment