US Capital Market Review 1/12/18
The US capital markets continued their run from the first week of the year and the main indices are up over 4% in the first two trading weeks of the year. There were not a lot of specifics to point to this week, as the gains were mostly attributable to optimism and continued strong numbers from last year.
In political news, some rumors and fears that the US could pull out of NAFTA shook the markets a little on Wednesday, though fears may be premature. Also, President Trump rattled the world's cages late in the week referring to some African nations as "s**thole countries". Certainly a dumb, unnecessary and non-politically correct move, which will have unknown ramifications - should impeachment or other legal proceeding occur for President Trump, the markets will see a pull back for sure.
One final item to note was the continued weakness of the US Dollar against other major currencies, falling to a 3-year low. This could be an indicator that developed and emerging markets could be in for strong returns in 2018 as their currencies and economies strengthen and confidence returns. Though watch out for the ECB and other monetary policy bodies as their moves could shake things on a larger scale than the Fed in the US.
Overall, a great start to 2018.
Take care,
Brian
All my investments r doin well for me except my reitz has taken a huge dip which is what I have more in then all the others 🙈
Yes, REITs have lagged for sure... could be a decent place to be if the market is going sideways, but right now they continue to go up!
Yeah, the green buck has been on a downtrend for quite some time. Just done a post about it today. More to do with geopolitics as well. Thanks for the analysis.
No wonder why dollars weaken this days.i have been imagening what could be responsible for that ,little did i no know the reason until i red your post.thanks for this information my dear.i must appreciate because it is worthy to be embraced.
great observation about US Capital Market @brian.rrr ,it will help all traders and me also as I am new in trading,thank you very much for sharing with us.
helpfull post...
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this is great for US stocks in market point of view.
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