Since Trumps election as President the Dow dropped 800 then straight up to new highs. The Bond market is where huge damage has been done, a trillion dollars lost in the last 8 days. A continuation of that trend is frightening with everyone comfortable with interest rates near zero. Rioting continues in the US and Europe, with anti Obama riots yesterday in Greece. Will Trump renegotiate Nafta? How about the softwood lumber agreement?
…more from Michael: Interest Rates Are Heading Higher