‘Just Stop It’: Frantic Search For New Narrative Ensues As 2018 Trading Kicks Off
Well, we're just hours into 2018 and everyone is already bemoaning the absence of new narratives to latch onto.
I'm not entirely sure what everyone expected. If 2018 were a person, it would probably be thinking something along the lines of this: "well shit, give me at least 48 hours to get my feet wet before you start accusing me of being a cheap knock-off of my predecessor."
On the geopolitical front, Iran has taken center stage and "lordy I hope there are tapes" or at least some diplomatic c
i thought the theme would/will be ‘tax policy impacts otw’, and/or ‘infrastructure spending to spur growth’
after all, once the markets have give all they can (fundamentally at least) the next move is to pretend things are bad (jobs the economy) and do some major deficit spending. b/c if the markets seem mathmatically unlikley to give much more, just change the law and force the govt to put more money in your pocket (given you are a member of tptb).