John Redwood: Is the market ready to take a shine to US 'economic positives'?

Boost from tax reforms

The US President continues to shock with his tweets and comments, but there has been steady buying of US shares since he was elected, writes John Redwood, chief global strategist at Charles Stanley.

Market commentators and professionals often do not like what the President tweets, but many investors seem to buy into Republican party economic policies. One of the features of this worried bull market is how many people do not believe in it. They fret about it, write that it is about to collapse in an orgy of bad debts, crash to the ground from a Chinese hard landing, or shudder to a halt as the monetary authorities remove too much of the liquidity they have created to climb out of the great recession of 2008-9.  Commentators have lambasted the President for words and sentiments the...