
Does This Chart Show The Market Is Too Negative On Tax Reform?
Earlier today, we brought you the latest from former FX trader Mark Cudmore who, simply put, thinks maybe you're being a little too hard on the President. Here's what he said:
The dominant assumption is now that Trump will not soon achieve any major policy success, if at all. After many unrealistic and unfulfilled promises by the new president, it’s been forgotten that most new administrations take time to meaningfully change policy. It might be that the narrative has become so negative that
What is Goldman talking about? Market ripping to new highs seems “too negative”?