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ANOTHER FALSE NARRATIVE EXPLODES

 

So all the headlines said the market was supposed to crash if Trump got elected

 

Instead the market makes new highs

 

The Trump crash is replaced by the Trump rally.

 

But what if the Trump rally is itself a false narrative ripe for destruction????

 

THE REAL NARRATIVE

 

Traders label the normal and predictable Santa Rally as the Trump rally to give it more credibility and authenticity.

 

To be followed by the o so predictable new year dump.

 

(The Trump Dump anyone???)

 

"plus ça change, plus c'est la même chose"

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w?s=%5EAORD&lang=en-AU&region=AU

 

 

All Ords zig-zagged down, closing -0.3%.  Nothing changed too much in the sectors: REITS +1.1%, Financials +0.6% down to Miners -3.3% and Materials -2.8%.

Over in Asia, China -1%, Hong Kong -0.2%, Japan flat, India currently +0.5%.

 

 

On to UK/Europe:

 

 

t?s=%5EFTSE&lang=en-AU&region=AU&width=3

 

t?s=%5EGDAXI&lang=en-AU&region=AU&width=

 

t?s=%5EFCHI&lang=en-AU&region=AU&width=3

https://au.finance.yahoo.com/

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ANOTHER FALSE NARRATIVE EXPLODES

 

So all the headlines said the market was supposed to crash if Trump got elected

 

Instead the market makes new highs

 

The Trump crash is replaced by the Trump rally.

 

But what if the Trump rally is itself a false narrative ripe for destruction????

 

THE REAL NARRATIVE

 

Traders label the normal and predictable Santa Rally as the Trump rally to give it more credibility and authenticity.

 

To be followed by the o so predictable new year dump.

 

(The Trump Dump anyone???)

 

"plus ça change, plus c'est la même chose"

 

Joyeux annee!

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