Wall Street sees Trump rally coming to an end

[applegrove]

http://thehill.com/policy/finance/321112-wall-street-sees-trump-rally-coming-to-an-end

by Sylvan Lane

"SNIP.........


Wall Street analysts are pumping the brakes on the Trump stock market rally.

Experts are adjusting their expectations of how long it will take for President Trump to follow through on campaign promises to unlock domestic investment and cut back on regulatory red tape.

Stocks have rallied since Trump's election, with the Dow Jones Industrial Index reaching unprecedented heights and billions poured into funds that track U.S. stocks.

But financial analysts and other stock traders say a lack of clarity from the administration on economic policies — along with constant distractions in the White House — are delaying key measures to boost the economy.

“People need to be a little more sanguine and not be afraid of missing out, because what they could be missing out on is a major-league correction," Daniel Alpert, an investment banker and economist, told The Hill. ”That’s a fairly risky position to be in.”


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[Odoreida]

1. Was it even really a "Trump rally" anyway?

Wall Street is always going up and down for various reasons.

IMO "Trump rally" was just hype in the first place.

Did anyone not on Wall Street get anything out of it?