General Stock Ideas

[gfp927z]

Looks like the honeymoon Trump had with Wall Street could be ending. Beyond the healthcare repeal/replace debacle, the Trump budget will also likely be DOA, and the infrastructure plans have already been shelved until next year. Next will be the tax cut plan, which will run into the reality of already huge deficits and no money.

Amidst all this gloom, it's becoming clear that we have a dysfunctional US, and the rest of the world likely sees the US as having gone over the edge with the Trump experiment.

But has the bear market finally arrived? The Fed will presumably still need to prop up the market so they can continue to 'normalize' rates, so we'll see if they step in soon with the PPT juice.