CLSA “Greed & Fear” analyst Christopher Wood is amused. The “chattering classes” that were generally warning of doom and gloom over a Trump presidency and now all on the same page relative to Trump’s benefits. But when the consensus turns decidedly in favor or against a market trend, is that really the signal to go in the opposite direction? In a December 12 piece the stock strategist opines about the Trump rally and updates his Asian portfolio exposure, which points to a favored Trump trade – one that is entirely outside the US.
Stocks have been up since the Trump election, but understanding which sector is up most raises questions
The S&P 500 is up 5.6% since the election of Donald...
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