Post-Election Rotation: Trump Bump and Dump

In the weeks leading up to the November 8 presidential election, we noted that, in the event of a surprise result, investors should expect a quick reallocation of resources into sectors and industries expected to benefit from differing policy positions. Well, many would say that the November 8 outcome was a surprise, with Donald Trump…

 

Think Twice Before Making Your Own Market (Br)exit

There is an old investing adage: “the market is always right.” Investors would be wise to question this adage in light of last week’s Brexit referendum. If the market is always right, then why were traders bidding stocks up as the British were voting to leave the European Union? For that matter, why did stocks…