Trump Rally: It Surprises Me That Investors Are So Enthusiastic

It surprises me that people are as enthusiastic as they are given that Mr. Trump says he is going to start trade wars. At the moment everybody seems to be focusing on the fact that he is going to cut taxes which is fabulous for any economy and that he is going to be building new infrastructure that we desperately need. Nobody seems to be focusing on where will the money be coming from, and secondly how are we going to do all this with trade wars.

The Fundamentals For Crude Oil Are Improving

The fundamentals for crude oil are improving. For example, Saudi Arabia has not found any major oil field for a long time. Other big oil producers like Iraq, Iran or Nigeria have not found a lot of oil too. Only the fracking companies have found a lot of oil but they cannot make any money if oil prices are low. (United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, Energy Select Sector SPDR ETF (XLE))