As Donald Trump’s inauguration looms ever closer, the last few days have seen the honeymoon in markets starting to fade as the reality of economic policy uncertainty suddenly seems to matter again.
If the past 20 years of global historical data is anything to go by, that ‘awakening’ of uncertainty is very bad news…
But, as your friendly local asset-gatherer will tell you – “it’s probably nothing” and “the market is not the economy.”
Even Janet Yellen is starting to notice…
- YELLEN: IT’S IMPORTANT TO TAKE UNCERTAINTY INTO ACCOUNT
via http://ift.tt/2iVdDS0 Tyler Durden