Is ‘Trumpflation’ the next wrong narrative? – PFP Wealth Management

Dec 01, 2016, 02:55 PM

“We believe in abstract concepts. Most of what we invest in is illusion”, says Tim Price and adds further that, “the Brexit and US election narrative turned out to be disastrously wrong and now markets are being fed into the third narrative that Trump is the second coming of Ronald Reagan.”

Listen to this segment to know if Trumponomics would indeed result in high growth/high inflation or is just the third erroneous narrative to make the list of Brexit and US elections.

Tim Price, Director of PFP Wealth Management also says the 3-year bull market is over.

#markets, #investing, #trading, #Trump, #Brexit, #US, #bonds, #yields, #treasuries, #yield curve, #fundamentals, #macro