As a market built on Trump rally optimism meets a legislative reality that might not be able to get much done, including any meaningful tax reform, where does one invest in a market environment which Goldman Sachs now categorizes as “Gridlock” in the subtitle of a “Where to Invest Now” report? With median stock prices trading near 99th percentile, don’t worry about legislative accomplishment to the same degree With its legislative agenda “delayed” after a derailed attempt at healthcare reform, a tax policy that is now going back to the drawing board and even financial reform in jeopardy, Goldman notes…
Goldman: Forget Trump Rally, Now Look At Fundamentals
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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