Head-scratching investors call time on Trump stock rally

Head-scratching investors call time on Trump stock rallyWorld equity markets came under pressure Friday as analysts ran out of ways to justify Donald Trump-inspired stock valuations, but some said the party may not be completely over. The dollar stuttered, while Wall Street, Asian and European markets fell after Treasury Secretary Steven Mnuchin lowered US growth expectations, providing the trigger for a correction many said had been overdue. “The signs were there for a stock market plunge, which is exactly what has happened today,” said Fawad Razaqzada, an analyst at Forex.com.



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