{"id":101524,"date":"2017-01-31T07:09:03","date_gmt":"2017-01-31T12:09:03","guid":{"rendered":"http:\/\/countingpips.com\/?p=101524"},"modified":"2017-01-31T07:09:03","modified_gmt":"2017-01-31T12:09:03","slug":"global-stocks-selloff-beginning-of-a-reversal","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/01\/global-stocks-selloff-beginning-of-a-reversal\/","title":{"rendered":"Global stocks selloff, beginning of a reversal?"},"content":{"rendered":"
January 31, 2017<\/div>
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Article by ForexTime<\/a><\/p>\n

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This week was supposed to be dominated by central banks’ decisions, earnings, and economic data from across the globe, but with Donald Trump in office, nothing seems capable of taking the spotlight from the White House.<\/p>\n

U.S. stocks suffered their steepest declines so far this year with Dow Jones and S&P 500 both declining 0.6% on Tuesday. Meanwhile operating Asian markets are all in red led by Japanese stocks despite the BoJ upgrading growth estimates for the next two years and as expected keeping monetary policy unchanged.<\/p>\n

Trump\u2019s executive order, signed on Friday banning Syrian refugees and suspending all nationals from seven countries doesn\u2019t by itself cause a major risk to financial markets. He already warned to ban Muslims, build a wall, cancel Obamacare, and tear up trade agreements. The President is just literally implementing his agenda and if we were not taking him seriously then it\u2019s our fault.<\/p>\n

Whether you like Mr. Trump or dislike him, as an investor you seek opportunities, and markets were rallying on the President\u2019s commitments to reduce taxes, deregulate businesses, and repatriate global assets. If these policies are at risk, this is when you should get worried.<\/p>\n

Many Democrats intensified their attacks on Trump, meanwhile some Republicans are criticising the immigration order, and the firing of the acting attorney-general Sally Yates for opposing his travel ban is pouring fuel to the fire. The major risk looming now is the breakup of the Republican coalition, although this doesn\u2019t seem to be the case for the time being, I believe it\u2019s going to be the biggest risk to financial markets in the near future, as we end up with protectionist policies without the implementation of fiscal policies, thus triggering a sharp reversal in stocks worldwide.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

Disclaimer: <\/strong>The content in this article comprises personal opinions and should not be construed as containing personal and\/or other investment advice and\/or an offer of and\/or solicitation for any transactions in financial instruments and\/or a guarantee and\/or prediction of future performance. ForexTime (FXTM), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.<\/em><\/p>\n

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\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Article by ForexTime This week was supposed to be dominated by central banks’ decisions, earnings, and economic data from across the globe, but with Donald Trump in office, nothing seems capable of taking the spotlight from the White House. U.S. stocks suffered their steepest declines so far this year with Dow Jones and S&P 500 […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-101524","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=101524"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101524\/revisions"}],"predecessor-version":[{"id":101535,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/101524\/revisions\/101535"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=101524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=101524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=101524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}