"Trump is a boost to volatility traders because of his inherent unpredictability... stop underestimating this man... All bets are off, and that is very good for volatility… but potentially very turbulent for the world."
Investors need to be cognizant of, and understand why, the chorus of arguments in favor of short-sighted and flawed strategies are so prevalent. The meteoric rise in passive investing is one such “strategy” sending an important and timely warning. Just remember, everyone is “passive” until the selling begins.
Trump is barely two days in office, and already a lawsuit is set to be filed against the newly inaugurated president. According to press reports, a group of lawyers, including former White House ethics attorneys will file a lawsuit on Monday accusing the President of allowing his businesses to accept payments from foreign governments in violation of the U.S. Constitution.
It is becoming increasingly apparent that dissent is being criminalized not only nationwide but on multiple fronts. Increased regulations are appearing that limit the public spaces that can be lawfully occupied in protest. Meanwhile, legislation is also being introduced to increase the negative consequences for newly unlawful protests.
At least two major Chinese private providers of home price data have stopped publishing the figures, at a time when China's housing bubble appears to be bursting. "Housing prices are an extremely sensitive matter right now."
The post-Brexit euphoria appears to have abruptly vanished in December as UK core retail sales plunged 2.0% month-over-month, the biggest drop since May 2011. Ironically, this crack in the 'Brexit Boom' occurred an hour before U.K. Chancellor of the ExchequerPhilip Hammondtold a Davos gathering on Friday that an inflation pickup will put a damper on consumers this year. Cable tumbled on the print (not helped by London home pre-sales plunging).