Russell 2000

Submitted by Kevin Muir via The Macro Tourist blog,

Remember last month when everyone was hot and bothered about all the TRUMP trades? Whether it was long Russell 2000 futures, short bonds, long US dollar or short gold, most market participants were busy extrapolating the violent market moves months into the future. You were deemed an idiot if you didn’t buy into the “Trump will fix everything” mantra. Even supposedly long term investors like Warren Buffett were busy chasing the stock market higher.

Does it make sense to any of you that Obama kept American tax rates at 35% during his administration, all the while burdening business with heavy regulatory fees, in spite of the fact that he presided over an economy that failed to break the 3%+ growth GDP for the first time in America history?

If I was a conspiratorial type, I'd suspect he was trying to hamper the economy on purpose.

Submitted by Axel Merk via MerkInvestments.com,

Faced with a Tweeter-in-chief, how are investors to navigate what’s ahead? Is there a strategy behind President Trump’s outbursts; and if so, how shall investors position themselves to protect their portfolios or profit from it?

Via Artemis Capital Management,

Quite a week... this seemed appropriate...

Gold remains 2017's big winner with bonds and stocks close to unch...