Founders: Trump Alchemists Want to Break Something

Institutional Insights | Founders AM

Housekeeping: Good Morning.

The (almost daily) Founders AM post contains top day institutional analysis from Bank and fund trading desks. If we see something related to all our interests, (like Gold etc) it will be here first, and sometimes, if too sensitive, it will be here only. You will likely develop preferences in whose research you like to read just like we do. These are the best morning comments by institutional trading desks in the market that we sometimes get and share. Our highest level observations are included here as well

“Whatever the goals, I take the Alchemists at their word: they are going to break something, I just don’t know what… whether it’s globalization, the Federal bureaucracy, the IRS, the FBI, Medicare, US vaccine policy (see page 15), lax US border policies, its “Deep State” opponents or something else.”

Michael Cembalest. CIO JPM Global Wealth Mgt

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