Yesterday we saw the first serious fall after President Trump election…and a wideset panic.
First…a bit of contest. It has been really a long time since we had a -1% fall in the US Market. In itself, that is quite incredible.
As forecast go, there is a bottoming process on course. As the damage has been relevant it will take circa 9 days tom”repair” the Bull market – if it can be repaired.
If it cannot be repaired there is at least a 5-7% pain.
Most probably we will have our answer much sooner. Thursday (US time) there is the big test for Trump on Trumpcare.
But it is also the first test of all Trump proposals as the tax reforms.
investorpolitico 