Moore On Markets

As you all know, in a shocking upset to Trump’s power, Doug Jones beat Roy Moore in the Alabama Senatorial election last night, giving Alabama its first Democratic senator in a quarter century. This jaw-dropping surprise led to a catastrophic drop in the equity markets of about one-third of a single percentage point, followed, of course, by a complete shake-off and rebound to the green.

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Nuclear missiles. Political upsets. Crushing debt. Rising interest rates. It all means one thing. An equity market that just drifts higher… and higher… and higher still.

SPX

 

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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