Big disappointment for many diehard fans of D. Trump

When I’m looking at the key stock indexes such as DJ Industrial or S&P 500 I always see the same picture: Since Donald Trump’s election as a new American president in November, the stocks skyrocketed upwards. E.g. DJ Industrial climbed from 18 000 points to 21 000 points. Now we have been observing for several weeks that the stocks are shuffling on their feet like they would want a new impulse or a confirmation that the hopes pinned on D. Trump are going to get fulfilled. Except a big disappointment might come here.

Initially, it seemed that D. Trump will be a different president than many of his predecessors. That he won’t be that engaged in the world, he will have his army for a deterrent rather for an attack because he knows how expensive it is to be a policeman of the world. At the same time, he is going to lower the taxes and raise the investments so the America would grow faster. At the beginning of March, America started doubting that Trump is able to enforce significantly lower taxes and higher investments but it was still thinking that his foreign politics is going to be different. That he is going to be friendly with Russia and won’t be engaging in the world. So the development in Syria was a big disappointment for many diehard fans of D. Trump.

Suddenly, it seems that just like his predecessors he is going to initiate his office by a new war also. At the same time, it seems that the alleged connection of Trump and Putin somewhat “mysteriously” vanished. Maybe there’s not going to be any war but it won’t be far from it. American military vessels are already heading towards North Korea. Maybe they are only going to drop anchor there. And maybe they won’t because South Korea agreed with China that North Korea can’t be continuing with its missile testing. The tension reached such levels that Japan joined the game and tried to calm down both sides which is signalizing that it is logically fearing the nuclear missiles that it could become a target of.

The stocks irrationally overdid it in past months because of Trump. The bubble might burst . Bombarding or shooting Korea would be very bad for the stocks.

V.Pikora & M. Sichtarova