Markets are beginning to realize a Trump-fueled economic boom may not be coming
Markets are beginning to realize a Trump-fueled economic boom may not be coming
http://www.businessinsider.com/us-economic-data-fed-futures-throw-doubt-on-trump-boom-2017-4
{emphasis added}
On Friday, the March reading of the consumer price index showed a decline in prices for the first time since February 2016. Core CPI — which strips out volatile food and energy prices — fell by 0.1%, its first decline since January 2010.
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According to Robin Brooks, the chief economist at the Institution of International Finance, recent developments on tax reform and infrastructure spending provide another worrisome issue for growth. Brooks wrote in a note on Thursday:
"From a market perspective, much hinges on prospects for U.S. tax reform/cuts, so the news that the Administration will be going back to the drawing board — meaning that Secretary Mnuchin's ambitious August deadline for a tax code overhaul plan is unlikely to be reached — is disappointing for growth stocks. Similarly, concerns that conservative Republicans may block any substantial infrastructure spending plan have sapped momentum in construction and engineering stocks — down over 10% from their late-January peak."
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Anyone aware of THIS? 'An analysis of economic performance since World War II under Democratic versus Republican presidents shows that claims that Republicans are better at managing the economy are simply not true. While the reasons are neither fully understood nor completely attributable to policy choices, data show that the economy has performed much better during Democratic administrations. Economic growth, job creation and industrial production have all been stronger.'
https://www.jec.senate.gov/public/index.cfm/democrats/2016/6/the-economy-under-democratic-vs-republican-presidents
Here's my analysis, using the S&P 500.
The long term trend channels have been solid, with two resets, during the Obama Presidency.
The so-called Trump Bump wasn't a bump but a continuation of the Obama trend, with his economy still controlling into the beginning of 2017. It hasn't broken through the bottom of the main Obama channel.
But the shorter term trend channel for the "tRump Bump" was a narrowing channel.
Then recently it broke down to the down-side. There is a new trend channel down. The market does not seem to be able to get above the 2350 resistance level. And, perhaps even more noteworthy, it has broken below the 50 day moving average.
I would not be surprised if after some more downward movement it rallies and fails to get above 2350 or lower and then resumes trending down for the coming Trump Slump.
as panic sets in. Market goes down, spending goes down, unemployment goes up, they'll try to save themselves with reckless tax cuts that will make the situation worse. 
administration and bull market perhaps ever. gridlock largely prevented much fiscal action (after the initial stimulus) and the economy and the market crept up very gently without much in the way of major corrections.
now we've got the mother of all uncertainties in the oval office, with control of all three branches of government by the same party, which means they have the power to effect great changes over democratic objections. moreover, with their party in disarray, the nature and size and timing of those changes is not easy to predict.
yet all cnbc can talk about it "optimism" and how donnie has "unleashed the animal spirits in the market" 
