Business

The Great Rotation continued for one more week today with global equity funds receiving $21 billion in inflows in the past week according to Bank of America, the ninth-biggest inflow ever, as investors rushed into 'Trump trade', while money flowed out of bonds for seventh week in a row. The EPFR-based report showed overall equity inflows of $63 billion since Donald Trump's U.S. presidential election win on Nov. 8, offsetting somewhat the $151 billion in outflows observed from January to October.

Market Updates This Week
Fed Raised Rates 0.25% – Rising Rates Positive For Gold

As the great orator George Bush Junior once attempted to say:“Fool me once, shame on you; fool me twice, shame on me…”Read More Here

 
 
 
Mark Mobius: Shariah Gold Standard Is “Revolutionary”

[image]https://www.goldcore.com/ie/wp-content/uploads/sites/19/2016/12/mobius_gold.jpg[/image]

Quad-witching Friday has arrived, which means that alongside thin, pre-holiday liquidity and a jumpy market, we expect to see sharp, volatile moves for the rest of the day, the first of which was just noted in Europe, where stocks moved from session lows to highs in the span of minutes, in the process sending the Euro Stoxx 50 index 0.8% higher and turning it positive on the year as it reached its highest level since December 2015. The broader Stoxx 600 remains still down 1.8% on the year.

American consumers love debt, wall street loves securitizing that debt and collecting massive fees for selling it and pension funds, with no viable alternative investments courtesy of accommodative Fed policies, love buying that debt for the extra 25bps of yield it provides.  It's a "win, win, win", right?

By EconMatters

We discuss some of the challenges Donald Trump has had in his past with just making good solid decisions, let alone being the savior that is currently priced into financial markets for the US Economy. The Stock Market is setup for a big letdown in 2017 if past performance of Donald Trump regarding his competency at doing anything right is analyzed in depth.