By William Watts
Published by MARKET WATCH [ http://www.marketwatch.com/story/trump-is-building-a-wall-of-worry-and-that-might-be-good-news-for-stocks-2017-01-23
Jan 24, 2017 ] 4:23 a.m. ET
Should investors stop worrying and learn to love the uncertainty that surrounds the dawning of the Trump administration?
It’s a conundrum. After all, markets supposedly hate uncertainty, according to one oft-repeated market maxim. On the other hand, bull markets often see stocks “climb a wall of worry,” according to another axiom.
Donald Trump’s Nov. 8 presidential election victory sparked a stock-market rally as investors focused on pledges to cut taxes and reduce regulations and paid little heed to tough talk on trade and immigration that many had feared would be a negative...
...Trump and the accompanying partisan rancor surrounding his agenda is seen as almost certain to remain a source of market volatility.
“At this point, I think it’s clear we’re not going back to whatever normal was,” said Brad Tank, portfolio manager at Neuberger Berman, in a note.
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Lots of pundits say we got increasing volatility. They're crazy:
Back in late '08 IBD reported that most investors voted for O; that w/ the fact that "Wall St." is physically located in downtown Manhattan we know that there's a heavy bias w/ financial reporting toward the left.
Translation: this repeat of the blind disconnect we had back in '02 is telling us we got a HUGE buying opportunity...