![]() ![]() It is now passé to speak of Brexit implications, deficit concerns or quantitative easing. With normal news pushed to the back pages of the internet, there doesn’t seem to be much room for good old fashioned financial reporting either. Trump’s tweets have overshadowed what in normal times would have been enormously important events including the Oscar mix-up (“The winner is La La Land, no wait…”), the Cubs winning the World Series and Brangelina’s divorce. No matter how absurd the claim or ridiculous the fabrication in President Trump’s tweets – the financial markets seem to be taking it all in stride. Not since Lyndon Johnson showed off his gall bladder scar has a Commander in Chief demonstrated so little public awareness and tact. It would be an understatement to say it has been an upside-down time in US politics and indeed US history. ![]() As Arthur Fonzarellie once struggled to admit in Happy Days “we were Rave On It’s A Crazy Feelin’ We at Canso predicted neither the Trump victory nor the subsequent stock market rally that followed. Trump’s shocking presidential win? Surely the financial windfall would have been more rewarding than simply foiling Secretary Clinton’s bid for the White House. Putin were so smart, wouldn’t he have shorted the bond market and gone long the equity markets in anticipation of his new best friend Mr. From conspiracy, to hacking, to spying, Russia’s President Putin has been accused of just about everything in the last 6 months – everything, that is, except financial speculation. Not since German singing sensations Boney M belted out “Ra Ra Rasputin” has a Russian received so much air time in the good old USA.
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