During an appearance on CNBC yesterday we suggested that the point has arrived where any rational investor needs only two word in his vocabulary: Trump and Sell!
The reason is obvious: The Donald is playing with fire in the form of his Trade Wars, Fiscal Borrowing Spree and Fed Bashing at the top of an aging business cycle that is being braced with multiple headwinds, not the least being the Fed’s unprecedented $600 billion per year bond dumping campaign.
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