Witness Trump The “Authoritarian Wrecking Ball”

“To Trump’s faithful, those words were a rallying cry. But his critics heard something far more menacing in them: a dangerously authoritarian vision of the presidency — one that would crop up time and again as he talked about overruling generals, disregarding international law, ordering soldiers to commit war crimes, jailing his opponent.”

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Goldman Shocker: “Retail Investors Are NOT Driving This Rally”

“But it is more than mere ownership shares, because while institutional inflows amounted to 0.86% of AUM in the week following the election, retail investors were actually sellers. While the market has clearly been rallying on ‘animal spirits’, it is apparently the professional investors, not the retail money, who have been feeling bulled up.”

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