The esteemed Christopher Wood (strategist for CLSA
Asia-Pacific Markets) offers some excellent advice and analysis
--
US Outlook:
CNBC reports:
“William Lee, head
of North America economics at Citigroup, said Thursday on CNBC's "Trading
Nation" that the markets have gotten "way ahead of themselves"
on hopes that financial services regulations will ease and the government will
spend bigtime on infrastructure under Trump's administration.
"Everyone is
sprinkling around the word 'infrastructure' like some fairy dust. Like somehow,
infrastructure is going to make the world better. Yes, it could, but not the
kind of fiscal infrastructure spending that President-elect Trump is talking
about," Lee said.”