23 January 2017

Stocks and Precious Metals - Forget it Jake, It's Chinatown

President Trump continues to rattle markets with change, or at least the proposals for them.

Stocks were off a bit, as well as the dollar, as the Executive Orders started flowing, to dump the TPP among other things.

No internationalist love and support there. I suspect this will cause increasing displeasure in his own party, and the establishment of the Northeast power corridor and Silicon Valley in general.

Otherwise, most of the markets seem to be locked into a fairly tight one percent trading range, with a back and forth motion chopping the off-footed daytraders.

Let's see which way this breaks. And not only the markets.

It's been a long time coming.   Going to be a long time gone.

Have a pleasant evening.