You are here

STOCKS

Markets to remain in 'wait and see' mode - for now

wallst.jpg
"BUY the election, sell the inauguration", mentioned in this column last week, appears to have been the preferred trading strategy - at least on Wall Street. The reflation play founded on hopes of large fiscal stimulus from the incoming administration seems to have floundered over the past three weeks. Except for the Nasdaq Composite, the major indices fell.

"BUY the election, sell the inauguration", mentioned in this column last week, appears to have been the preferred trading strategy - at least on Wall Street. The reflation play founded on hopes of large fiscal stimulus from the incoming administration seems to have floundered over the past three

sentifi.com

Market voices on:

Powered by GET.comGetCom