Vague wishy-washy Trump optimism is still intact - Spreadex
Don’t make a mountain out of the molehill is the message that comes through after watching this segment with Spreadex Financial Analyst Connor Campbell, who says the eight day losing streak in Dow Jones could be a blip as the index is still at least 700 points above from where it was at the start of the year.
What that means is “investors haven’t completely abandoned their hopes from the Trump Presidency”, says Campbell and adds that the Vague wishy-washy Trump optimism about tax plan and infrastructure spending that has lifted markets higher is still intact.
Campbell explains the macro outlook for and talks about the client activity in GBP/USD, Dow Jones, Stocks - TUI AG, Stagecoach, and DFS Furniture.
Campbell’s trade of the day is Stagecoach - Listen to the full segment for the detailed rationale.
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