You are here

BT OUTLOOK 2018

'Trump Slump' ahead for US stocks in 2018

Running out of pro-growth policies, Trump may not have more rabbits to pull out of his market magician hat

BT_20171230_RCOUTLOOK30_3242564.jpg
For those who watch charts, there is a sense that something has to give. At nearly nine years of age, the bull market in stocks is already the second longest in history.

IF 2017 was the year of the Trump Bump for US stocks, then 2018 could well be the year of the Trump Slump.

The Dow Jones Industrial Average has risen roughly 25 per cent for this year, and about 35 per cent since US President Donald Trump's election victory.

Seldom has a president...

sentifi.com

Market voices on: