The Chief Strategist: This week Trump, China data and US Q4 earnings season
Equities Trump rally fading a bit, though investors have turned to areas that haven’t performed so strongly immediately after Trumps victory, like EM which again performs well.
This week is a busy week at the financial markets. It is the first big week of the US Q4 earnings season. 33 companies are reporting, Banks on Friday were off to a good start.
Investors will also be looking out for lots of China data, ECB meeting, and on Friday is the inauguration of Donald Trump, which some investors will use to book some profits. The financial markets has reacted quite strongly since he has elected President. The big question is; will Trump really deliver on all the stimulus plans?