Econ Get ready

[Laufen]

How is the outlook now? I don't understand the macro economics but I've heard it said by guys who's opinions on this sorta thing I take seriously that unless the dollar weakens bad things are ahead. Also that the market is due a significant pull back for some cyclic reasons which again I don't understand.

Thoughts?

We've been banging on support levels for quite a while, threatening a big reversal. There's so much artificial influence that the beast isn't behaving like it has historically. The charts still tell the story, but extrapolating where it's headed is a lot murkier than it used to be imo.

 

[Sheps]

I wonder if Trump upsetting so much of the status quo (love it or hate it) has reset the clock so to speak?

 

[Laufen]

I wonder if Trump upsetting so much of the status quo (love it or hate it) has reset the clock so to speak?

I don't believe he has upset the status quo when it comes to business involvement in the markets, at least not too negatively. Business has a bit more say in policy (again for better or worse) but investor "feels" play a big part of it as well.