Jim Bianco: The Markets Are Trading Schizophrenically

This new interview with Jim Bianco has been published on the website of Finanz und Wirtschaft, Switzerland’s leading business newspaper. Below are excerpts (re-posted with permission) – The full interview between Finanz und Wirtschaft editor Christoph Gisiger andJim Bianco can be found here

Mr. Bianco, Donald Trump gets a warm reception on Wall Street. What’s your take on the financial markets?
The markets are trading schizophrenically. During election night futures on the S&P 500 tanked to a 5% loss limit only to recover all of that by the beginning of the next morning and then go on to have a strong...