Business Insider (May 2)
“Investors are on edge as President Donald Trump’s ’America First’ policies seem only to diminish the appeal of US assets, but to famed economist Nouriel Roubini, the fears are overblown.” This may seem surprising for the economist known as ‘Doctor Doom,’ but he is also known a contrarian who now “sees US markets constraining Trump’s most aggressive policies, and ensuring a continuation of American exceptionalism.” He urges investors now to discount the nation’s key advantage: technological leadership.
Tags: Advantage, America first, Appeal, Assets, Contrarian, Diminish, Doctor Doom, Economist, Exceptionalism, Fears, On edge, Overblown, Roubini, Trump, U.S.
Bloomberg (October 27)
“The VIX is at 20, stocks are on the brink of their worst October in five years, and every other day the bond market throws a fit. For equity bulls conditioned to dive in at any sign of weakness, it’s getting to be too much. Across investor categories, they’re pulling money out” and moving to a defensive posture.” But “from a contrarian standpoint, all the gloom is a positive, suggesting latent buying power should sentiment ever flip.”
Tags: Bond market, Buying power, Contrarian, Defensive posture, Equity bulls, Fit, Gloom, Investor, Latent, October, Positive, Sentiment, VIX, Weakness, Worst
