The Markets Now
Comment of the Day

March 21 2017

Commentary by David Fuller

The Markets Now

Here is the current brochure.  I am pleased to say that as in January, we will once again be in the excellent Morrison Room, which is spacious and conveniently on the ground floor.

David Fuller's view

We have another interesting list of experienced delegates, currently up to 25 and certainly not just from London. In fact, they are attending from far and wide. 

I am looking forward to another lively and enjoyable evening, which will now include a short presentation from a fourth speaker well known to Iain Little.

Among markets, technology has never been more interesting in our lifetime so Charles Elliott’s latest comments will be most welcome. 

Whatever your investments, we will need to keep an eye on these two charts as the year progresses – Dollar Index and US 10-Yr T-Bond Yields.

 

Stop Press: Big downward dynamics occurred today for US stock market indices, including the S&P 500, DJIA, NDX, Transports and the Russell 2000, indicating that a correction has commenced.

Trump’s economic stimulus has been discounted well before any surge in GDP & proportionally higher corporate profits has occurred.  Meanwhile, many people’s concerns about Trump have not gone away.

Market corrections occur periodically.  They can be frightening as leveraged traders scramble to get out and some short selling occurs.  However, they also create buying opportunities at somewhat lower levels.

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