The Trader 

Shock, rattle and roll

The Trader

Whether you like it or not, for the moment the United States remains the world’s biggest economy.  Therefore, its political decisions, strength of its economy, and financial market conditions have what some might think is an inordinate impact on global trends. In January, the themes of 2017 continued, technology stocks the darlings doing all the heavy lifting in other US indices. The outlook for interest rates was that the Fed would continue to raise its target rate to a more ‘normal’ level – currently estimated at about 3 to 4 per cent a year.

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