The broader market has been a
little off-mood lately. The S&P 500, the Dow Jones Industrial
Average and the Nasdaq have lost their post-election (Donald Trump’s
win) enthusiasm. Along with overvaluation concerns, doubts over the
materialization of the Trump administration’s promised deregulation and
tax cut proposals are being seen as the key culprits.
Developments in
the oil patch are also unpredictable with surging U.S. output. If this
was not enough, U.S. military strike on a Syrian airbase, deployment of a
strike group by the U.S. navy to Korean Peninsula, and a series of
terrorist attacks in Europe flared up geopolitical concerns
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