Trader: “The Next Market Phase May Be Dominated By Genuine Disappointment”

Trader: “The Next Market Phase May Be Dominated By Genuine Disappointment”

“U.S. equities make records weekly but the next stage is surely going to be de-risking and deleveraging, meaning a correction is likely. When it comes to financial markets trading the promises of the then-incoming U.S. administration, the end of 2016 was dominated by unrealistic hopes. The next phase may be dominated by genuine disappointment upon realizing the future is at the pessimistic extreme of the potential spectrum.”

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