Although Source analysts Andras Vig and Paul Jackson are “reassessing their enthusiasm towards the Trump administration” amid political risks in Europe that are ever present, the analysts remain positive on certain stock categories as they think the US might only see one more rate hike in 2017. Trump rally may have lost steam, but one more rate hike is possible In their quarterly update, “Fading the ‘Trump rally,’” Vig and Jackson note that, while the Trump rally may have “lost some steam” – the report was written before Thursday’s near 20 point advance in the S&P 500 – the US…
Source Research Sees One More US Rate Hike In 2017 As They Adjust Positioning
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.