Tuesday, March 21, 2017

Alternative Facts Are Not As Bullish As They Used To Be

Back in January the Trump trade was going great...

"We recommend buying only those stocks best befitting the last emperor, Circus Clownius:"




But, now this:




Junk bonds



Junk stocks




Banks



Construction/Infrastructure




Transports




The short Treasury Bond trade:

XLP/TLT



Biotech




Deutsche Lehman



Government Sachs




Now the overnight team takes the field to unload what the machines were forced to buy today...




On a 24 hour clock "America first" is not as good as it sounds...