
Daily Kickstart (The Day The Earth Stood Still)
The Ringling Bros. may have pulled up the stakes for good, but the circus is in town today in Washington, complete with all of the usual attractions including an orange elephant, who at 12 noon will "trump"et to an awestruck crowd. As you take in the spectacle don't forget Citi's warning:
We caution that for a number of reasons, market participants accustomed to decoding heavily word-smithed Fed commentary should be wary of applying the same prism to comments from the new administration.
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