After a stellar quarter for US equities, stocks have unexpectedly slumped on the first day of Q2 despite "whispers" of pent upmutual fund reallocation into risk assets that would take place today.
Once again it appears that Trump was right: the conspiracy theory that a close Obama associate worked to "unmask" the Trump team, resulting in the ongoing media spectacle over "collusion" between Trump and the Kremlin, has been confirmed, first by Mike Cernovich, and now by Bloomberg itself.
Submitted by Gordon T. Long of MATASII
SELF INFLICTED ABUSE
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Trudeau to Trump: Drop Dead! (Implications for Gold)
Written by Peter Diekmeyer (CLICK HERE FOR ORIGINAL)
Forty years ago, the Daily News published its famous Ford to City: Drop Dead headline, which dealt with President Gerald Ford’s response to a New York City handout request.
After the best quarter for US stocks since 2015, global equities have started off Q2 on the right foot, despite caution about the upcoming meeting between President Trump and China's Xi Jinping later this week, and Fed Minutes which are expected to be more hawkish than the FOMC statement.