We had nice post election rally which led us into the Inauguration DAY.
Valuations are way ahead of companies future which could be hard to deliver in the next months with so clear protectionism policy made by Trump which is driving it's decissions by any Tweet or verbal threat against them.
We all saw in last few weeks most of the big CEO's running upstairs TrumpTower just to pleased next president to "leave them alone" , by making themselfs to change their minds/plans for future business. Do you think this is the way to build value for shareholders ? Are this decissions in their best interest ? Really doubt it ... will say more : for sure NOT !
The free market is DEAD ... Long live the Trump'omics !
One view is that a free market is a system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of are free from any intervention by a government, price-setting monopoly, or other authority. Another view considers systems with significant market power, inequality of bargaining power, or information asymmetry to be less than free.
Good Luck !