The Markets Are Misreading What Trump Can and Cannot Do... BIG LEAGUE

The Trump Presidency continues to be a boon for stock investors with Trump’s tweeting having become a kind of administrative PPT that ignites a new rally any time stocks are in danger of breaking down.
However, the reality is that Trump can only tweet the markets into rallying for so long. Trump is inheriting an eight years of the most profligate Fed monetary policy in history: a balance sheet expansion of $3.5 trillion, and seven years of ZIRP, which permitted the US to double its debt load.