Either the market really doesn’t believe that President Trump will do it… or all the scare-mongering panic among establishment globalists is much ado about nothing… because US equity markets refuse to stay down!
Trade War, buy it! Italian Elections, buy it!
Of course – this could just be the machines running stops…300-point-plus swing in The Dow
As a reminder, a surging stock market will do nothing to drag Trump away from the Trade War ledge – the establishment is gonna need a bigger crash to spook him away from tariffs (think TARP)
via Zero Hedge http://ift.tt/2H7333c Tyler Durden