US stocks hit new records in March, but have drifted downwards since then as more and more investors have decided that Trump looks both capricious and ineffectual.
With investors in US stocks facing some of the worst returns in history, where should they turn for value?
The US stockmarket has already priced in Donald Trump’s fiscal stimulus plans. But he’s going to have trouble delivering, says John Stepek. And that could send stocks tumbling.
Developed-world stocks are overpriced on pretty much every valuation indicator there is, says Merryn Somerset Webb. What will trigger a change?
US stocks have been buoyant amid Donald Trump’s promises of fiscal stimulus, lower taxes and lighter regulation.
Which is the real Donald Trump: master strategist or impulsive idiot? We’ll find out later, says John Stepek, when he outlines his economic agenda to the US Congress.
Huge mega-mergers such as Kraft Heinz’s abandoned Unilever bid usually mark the top of the market. The “big, boring blue-chip” bubble is about to burst, says John Stepek.
Bullish investors may wish to consider a safer way to play the Trump trade than Wall Street,s ays Andrew Van Sickle.
Protectionism; lower taxes; huge walls in the desert. Whatever you think of them, there’s no doubt that Donald Trump’s policies are inflationary. And that’s good for stocks – for now.
The “Trump factor” is wearing off, as markets realise that America’s new president might not be Wall Street’s new best friend. John Stepek explains what that means for investors.
There is little to cushion the impact of Trump’s mood swings on the market, says Andrew Van Sickle. Investors are in for a bumpy few months.