Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

“Trump Makes America Wait Again” – Why Not Everyone Was Happy With Trump’s Address

Wednesday, March 1, 2017 11:49
% of readers think this story is Fact. Add your two cents. / by Tyler Durden / Mar 1, 2017

While most of America, even highly polarized democrats, was by and far satisfied – and in the case of Trump’s fervent fans, delighted – by Trump’s first address to Congress as confirmed by a CNN snap poll shortly after the speech, some were outright disappointed. Chief among them were Wall Street traders who had expected Trump to provide more details about his economic policies and some insight into how he plans on achieving his lofty goals.

One such critic was Mark Cudmore, a former FX trader who writes for Bloomberg, and who wrote a note overnight titled “Still No Details as Trump Makes America Wait Again.” Cudmore’s point is that while the market may be surging this morning on a sugar high combination of the Trump’s “presidential-sounding” address, the recent hawkish deluge by some prominent FOMC doves chief among them Bill Dudley, he believes this will not sustain as eventually the market will be forced to ask the tough questions: how does Trump get from point A to point B.

Here is his full note:

The longer the market has to process Trump’s speech, the less impressed it’ll be. It was rhetoric packed with hopes and dreams, but light on details and concrete plans.

Sadly, it feels like this outcome was all too predictable. Although, the possibility that he could have surprised us all means that the market has not yet fully priced in today’s disappointment.


The post “Trump Makes America Wait Again” – Why Not Everyone Was Happy With Trump’s Address appeared first on Silver For The People.


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.