

President Trump’s schedule (EST): 11:30 AM: Signs an anti-human trafficking bill, H.R.2200; 12:00 PM: Daily intelligence briefing; 1:00 PM: Attends the Senate Republican policy luncheon, S-207, The Capitol; and 3:00 PM: Meets with congressional leaders in the...
Letter from Washington

The Trump White House and US stock market risk
Trump’s post Charlottesville remarks, the Barcelona terrorist attacks and Cisco’s results unnerved the US stock market bulls last week. Friday was a surreal moment in the history of Wall Street. It was entirely rational for traders on the New York Stock Exchange floor...
The Trump White House and US stock market risk

Global political instability: a threat to the markets?
The old stock exchange cliché goes “markets go up like an escalator, go down like an unhinged elevator”. The world learnt this lesson the hard way as geopolitical tensions between the US and North Korea escalated to nuclear brinkmanship. Trump’s ‘fire and...
Global political instability: a threat to the markets?

The hunt for value in global equities
The US stock market has been resilient to the political and policy firestorms created by the Trump White House. Trump’s failure to enact tax reform or a major fiscal stimulus has restrained but not destroyed the ‘animal spirits’ of the Wall Street bulls,...
The hunt for value in global equities

What Trump’s political scandal means for investors
Image (c) iStockphoto The financial markets have finally cottoned on to the increasingly sordid political realities created by the Trump White House. Trump could well be impeached for obstruction of justice if he tried to pressure FBI Director James Comey to drop an...
What Trump’s political scandal means for investors