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Much to my surprise it appears that the US economy and the stock market are in the Trump Sweet Spot. Yes, the stock market has been consistently rising under Trump, but then the stock market had been consistently rising for as-long-as central banks have been printing money.
But the surprising part is that ever since Trump was elected in November, notice below that our proprietary TrimTabs Macroeconomic Index has been rising. The TrimTabs Macroeconomic Index is a correlation weighted composite index of weekly leading economic indicators. The indicators include data on housing, manufacturing, and the labor market. Read more from Charles Biderman.
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