Tuesday 31 January 2017

Will the Dow Jones act as a gauge on Trump's prospects of success?

As President Trump's ascendency to the White House begins to settle in, the voice of disparagement grows louder by the day and with every passing executive order as the resistance builds stronger against his leadership and possibly the practicality of his policies.

It's not surprising that US markets have received an added boost near all time highs as participants support the view for a friendlier environment for business under a Trump administration.

They've even gone as far as taking the famed Dow Jones Industrial over the illustratious 20 000 mark which has led the market favourable at an early stage of the year.

But the hype might all be over as skepticism over Trump's ability to get things done is being met with fierce outrage and his administration are forced to put out fires at all ends.
The Dow Jones dropped below 20 000 on Monday and went on to record it's biggest drop since Trump took office, a situation that won't become absent during his tenure.

Trump's devotion to resurrecting the automobile companies is just one part of his grand scheme in building up US industry into an economic machinery capable of  restoring the a unique seal of American pride onto products distributed throughout the globe.

However the difficulty in getting this done is so much more harder when fighting against his critics whose protest only serves to place the spotlight firmly on him by preying on his short tempered, ill considered and impulsive nature to get the better of him.

Market participants are synonymous for their ability to seek out sentiment and use it as crucial input in the decision making process.

In all likelihood it's this occurrence that's beginning to creep in and probably will be around to stay for some time to come as the variance of Trump's ability to meet campaign objectives is put through the rigorous test of political might.

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