The Brains Trust - 2016, page-13319

You were the only one who picked this months ago Pisces, so kudos. What i do find fascinating however is that markets only reversed after his speech. There was no sign of buying coming in at any stage prior. Once speech can cause a 7% swing in global markets. That is absolutely phenomenal, and I dare say unprecedented. In fact it's downright scary. What happens when he makes a gaff, or has to reneg on a major policy promise? I'm not convinced we're on our way yet. I'll probably start scaling back hedges and wading in here on pullbacks, but I want to see how markets handle his first set of problems before getting too excited.