Is their more Trump upside to come? Looking at the dramatic rise in the stock market since the election, questions regarding valuation abound. Is perfection and complete cooperation between Republicans and the Trump administration priced into the election? The S&P 500, for instance, posited its largest gains after the Trump election, more than was recorded during the entire aftermath of the Great Recession. The S&P 500 added 129 points, or 6% post-election – with upside price volatility surpassing historical ranges. The small-cap Russell 2000, a considered benchmark for US domestic economic activity, made the argument for an expected strong market environment…
BMO: Big Banks Have Much More Trump Upside
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.