Analysts at Rabobank explained that the market looks to be trading a very one-sided view.
“The market looks to be trading a very one-sided view of the new Trump administration in seemingly pricing in all of the potential upside risks and looking through those to the downside.
However, we believe that more “mechanistic” factors may be behind the post-electoral price action. If so, it would be wrong to conclude that these market moves reflect an optimistic view on the part of investors. Trading them as such risks exacerbating any potential correction due to extreme positioning.”
You may be interested
EY’s Maritime Blockchain Insurance Tech Is Now LiveBrian Evans - May 25, 2018
A group of companies piloting a blockchain-based insurance platform for global shipping industry said the technology is now live in commercial use.
Korea’s Government-backed HOOXI Campaign Issues W Green Pay (WGP), First Blockchain Enabled Reward System For GHG Reduction by IndividualsBrian Evans - May 25, 2018
HOOXI campaign, backed by the Korean government and endorsed by Korean superstars, ventures into blockchain Anticipated HOOXI mobile application to be launched later this year; a solution…
US: Shipping Startup Refutes Claims of Securities Laws Violations by State RegulatorBrian Evans - May 25, 2018
Shipping startup ShipChain denies allegations by state regulators that it broke securities laws during its SHIP token sale