Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
“It’s Like Living In The Roman Colosseum”: Reaction To Trump Presser Lacks Nuance
I guess you can kind of look at Wednesday's Trump presser as a study in errors of commission versus errors of omission. The President-elect committed the latter. Or at least according to the reaction in the dollar.
The market consensus is unequivocal. Trump didn't talk about fiscal stimulus or the economy at all really. We did want to hear about Russian hacking because, you know, that's entertaining, but we also wanted some substance.
But as at least one trader noted on Thursday morning, our
No substance as usual, and, one cannot expect it from a shallow person.