As Wall Street Gushes Over Trump Rally And Dow 20,000, MIA Recommends Counter-Trend Trade

A growing counter-trend is beginning to take shape amid the Trump rally, Paul Brodsky of the research service Macro Allocation Incorporated (MAI) notes. While the loud consensus explains certain sectors, such as financials, moving up 18% in a little over a month as a reflection of good times to come for all, Brodsky, along with a growing number of market voices, are becoming skeptical. US Ten Year Note and financial stocks might have risen too far, too fast; Trump rally getting old With stocks up significantly since the Trump election, it is US Ten Year Treasury Notes that bear watching….